# PPP loan: FOUR EIGHT RESTAURANT AND LOUNGE INC
> **$192K** approved 05/03/2020 · Charged Off · Loan `9952117306`
## Borrower
- **Name:** FOUR EIGHT RESTAURANT AND LOUNGE INC
- **Address:** 4 N KROME AVE, HOMESTEAD, FL, 33030-6015
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $192K
- **Initial approval:** $52K
- **Forgiven:** $61K (32%)
- **Forgiveness date:** 05/19/2022
- **Status:** Charged Off
- **Term:** 25 months
## Use of funds
- **Payroll:** $192K
- **Jobs reported:** 15
## 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*