# PPP loan: GRAND CENTRAL OYSTER BAR INC.
> **$2.00M** approved 03/12/2021 · Exemption 4 · Loan `9787238505`
## Borrower
- **Name:** GRAND CENTRAL OYSTER BAR INC.
- **Address:** 89 E 42nd St, New York, NY, 10017-5503
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $595K (30%)
- **Forgiveness date:** 04/18/2023
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 112
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*