# PPP loan: ASSOCIATED RESTAURANT VENTURES
> **$500K** approved 04/08/2020 · Paid in Full · Loan `8687797010`
## Borrower
- **Name:** ASSOCIATED RESTAURANT VENTURES
- **Address:** 1 HUNTINGTON RD, ATHENS, GA, 30606-3185
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $505K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $350K
- **Rent:** $60K
- **Mortgage interest:** $20K
- **Utilities:** $45K
- **Health care:** $25K
- **Jobs reported:** 170
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*