# PPP loan: WF RESTAURANTS, INC.
> **$542K** approved 04/09/2020 · Exemption 4 · Loan `9006987008`
## Borrower
- **Name:** WF RESTAURANTS, INC.
- **Address:** 322 W 46th Street, NEW YORK, NY, 10036-3801
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $542K
- **Initial approval:** $542K
- **Forgiven:** $79K (15%)
- **Forgiveness date:** 08/17/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $542K
- **Jobs reported:** 48
## Lender
- **Originating:** Peoples Security Bank and Trust Company
- **Servicing:** Peoples Security Bank and Trust Company (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*