# PPP loan: KINGS PALACE NYC LLC DBA CERVO'S
> **$312K** approved 02/13/2021 · Paid in Full · Loan `8638878402`
## Borrower
- **Name:** KINGS PALACE NYC LLC DBA CERVO'S
- **Address:** 43 Canal St, New York, NY, 10002-6262
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $312K
- **Initial approval:** $312K
- **Forgiven:** $316K (101%)
- **Forgiveness date:** 04/07/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $312K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** New York Business Development Corporation
- **Servicing:** New York Business Development Corporation (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*