# PPP loan: MUSGROVE ENTERPRISES, LLC
> **$423K** approved 04/12/2020 · Paid in Full · Loan `3907797108`
## Borrower
- **Name:** MUSGROVE ENTERPRISES, LLC
- **Address:** 2003 West McDowell Road, PHOENIX, AZ, 85009-3012
- **NAICS:** 325510
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $423K
- **Initial approval:** $423K
- **Forgiven:** $428K (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $317K
- **Utilities:** $106K
- **Jobs reported:** 24
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*