# PPP loan: OLIVE TREE FAMILY RESTAURANT, INC
> **$256K** approved 04/28/2020 · Paid in Full · Loan `9164597200`
## Borrower
- **Name:** OLIVE TREE FAMILY RESTAURANT, INC
- **Address:** 5240 Broadway, Lancaster, NY, 14086
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $256K
- **Initial approval:** $256K
- **Forgiven:** $258K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $206K
- **Rent:** $20K
- **Utilities:** $30K
- **Jobs reported:** 17
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*