# PPP loan: 501 UNION, INC.
> **$210K** approved 04/11/2020 · Paid in Full · Loan `2856557100`
## Borrower
- **Name:** 501 UNION, INC.
- **Address:** 2628 Phillips Drive, JONESBORO, AR, 72401-7330
- **NAICS:** 722511
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $210K
- **Initial approval:** $210K
- **Forgiven:** $212K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $158K
- **Utilities:** $53K
- **Jobs reported:** 35
## Lender
- **Originating:** First Community Bank
- **Servicing:** First Community Bank (AR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*