# PPP loan: STUDIO RED HOLDINGS L L C
> **$586K** approved 05/01/2020 · Paid in Full · Loan `2632727703`
## Borrower
- **Name:** STUDIO RED HOLDINGS L L C
- **Address:** 1320 MCGOWEN ST, HOUSTON, TX, 77004
- **NAICS:** —
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $586K
- **Initial approval:** $586K
- **Forgiven:** $590K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $444K
- **Rent:** $38K
- **Mortgage interest:** $16K
- **Utilities:** $10K
- **Health care:** $67K
- **Debt interest:** $10K
- **Jobs reported:** 31
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*