# PPP loan: MICHAEL'S RESTAURANT & MARKET
> **$244K** approved 04/28/2020 · Paid in Full · Loan `9415427201`
## Borrower
- **Name:** MICHAEL'S RESTAURANT & MARKET
- **Address:** 1206 N Lake Park Blvd, Carolina Beach, NC, 28428
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $244K
- **Initial approval:** $244K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 03/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $244K
- **Jobs reported:** 54
## Lender
- **Originating:** TransPecos Banks, SSB.
- **Servicing:** TransPecos Banks, SSB. (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*