# PPP loan: 127 EAST RESTAURANT CORP
> **$173K** approved 04/28/2020 · Paid in Full · Loan `9583647207`
## Borrower
- **Name:** 127 EAST RESTAURANT CORP
- **Address:** 127 E 47th St, New York, NY, 10017
- **NAICS:** 722410
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $74K (43%)
- **Forgiveness date:** 04/11/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $130K
- **Rent:** $35K
- **Utilities:** $9K
- **Jobs reported:** 22
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*