# PPP loan: ALLY RESTAURANTS LLC
> **$580K** approved 04/15/2020 · Paid in Full · Loan `8947437102`
## Borrower
- **Name:** ALLY RESTAURANTS LLC
- **Address:** 2512 Sandstone Lane, LONG LAKE, MN, 55356-4509
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $580K
- **Initial approval:** $580K
- **Forgiven:** $583K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $435K
- **Rent:** $72K
- **Utilities:** $72K
- **Jobs reported:** 74
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*