# PPP loan: 1621 RESTAURANTS INC
> **$635K** approved 05/02/2020 · Paid in Full · Loan `9447097301`
## Borrower
- **Name:** 1621 RESTAURANTS INC
- **Address:** 1621 Second Ave, NEW YORK, NY, 10028
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $635K
- **Initial approval:** $635K
- **Forgiven:** $641K (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $413K
- **Rent:** $52K
- **Utilities:** $10K
- **Health care:** $160K
- **Jobs reported:** 34
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*