# PPP loan: BILTWELL RESTAURANT, LLC
> **$169K** approved 04/15/2020 · Exemption 4 · Loan `9353457105`
## Borrower
- **Name:** BILTWELL RESTAURANT, LLC
- **Address:** 1600 West  Lake Street, MINNEAPOLIS, MN, 55408-2547
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $92K (54%)
- **Forgiveness date:** 03/31/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $146K
- **Rent:** $10K
- **Utilities:** $2K
- **Health care:** $8K
- **Debt interest:** $3K
- **Jobs reported:** 15
## 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*