# PPP loan: RINCON ARGENTINO RESTAURANT, INC.
> **$159K** approved 05/01/2020 · Paid in Full · Loan `8398707303`
## Borrower
- **Name:** RINCON ARGENTINO RESTAURANT, INC.
- **Address:** 2345 SW 37th Ave, MIAMI, FL, 33145
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 03/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $119K
- **Utilities:** $40K
- **Jobs reported:** 18
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*