# PPP loan: VETRI RESTAURANT CORP.
> **$588K** approved 04/08/2020 · Paid in Full · Loan `7805987005`
## Borrower
- **Name:** VETRI RESTAURANT CORP.
- **Address:** 1312 Spruce Street, PHILADELPHIA, PA, 19107-5812
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $588K
- **Initial approval:** $588K
- **Forgiven:** $592K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $500K
- **Rent:** $47K
- **Utilities:** $41K
- **Jobs reported:** 41
## Lender
- **Originating:** Meridian Bank
- **Servicing:** Meridian Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*