# PPP loan: 31 OPERATING LLC
> **$588K** approved 03/31/2021 · Charged Off · Loan `4067598703`
## Borrower
- **Name:** 31 OPERATING LLC
- **Address:** 3021 Ridge Rd, Rockwall, TX, 75032-5830
- **NAICS:** 211130
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $588K
- **Initial approval:** $588K
- **Forgiven:** $34K (6%)
- **Forgiveness date:** 09/01/2022
- **Status:** Charged Off
- **Term:** 36 months
## Use of funds
- **Payroll:** $588K
- **Jobs reported:** 37
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*