# PPP loan: RESTAURANT COLLECTIVE
> **$272K** approved 05/01/2020 · Paid in Full · Loan `8603357305`
## Borrower
- **Name:** RESTAURANT COLLECTIVE
- **Address:** 950 West Lake, Chicago, IL, 60607
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $272K
- **Initial approval:** $272K
- **Forgiven:** $274K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $272K
- **Jobs reported:** 30
## Lender
- **Originating:** Milestone Bank
- **Servicing:** Milestone Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*