# PPP loan: LOOP 1, LLC
> **$972K** approved 04/11/2020 · Paid in Full · Loan `3601907101`
## Borrower
- **Name:** LOOP 1, LLC
- **Address:** 405 BRUSHY CREEK RD, CEDAR PARK, TX, 78613-3111
- **NAICS:** 541511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $972K
- **Initial approval:** $972K
- **Forgiven:** $978K (101%)
- **Forgiveness date:** 12/16/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $777K
- **Mortgage interest:** $194K
- **Jobs reported:** 54
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*