# PPP loan: FEDERAL RESTAURANT GROUP LLC
> **$301K** approved 04/15/2020 · Paid in Full · Loan `8491267100`
## Borrower
- **Name:** FEDERAL RESTAURANT GROUP LLC
- **Address:** 8731 KATY FREEWAY, HOUSTON, TX, 77024-1734
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $301K
- **Initial approval:** $301K
- **Forgiven:** $303K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $211K
- **Mortgage interest:** $65K
- **Utilities:** $25K
- **Jobs reported:** 50
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Cadence Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*