# PPP loan: THE BASEMENT LLC
> **$245K** approved 02/10/2021 · Paid in Full · Loan `6036518403`
## Borrower
- **Name:** THE BASEMENT LLC
- **Address:** 25 1/2 N Block Ave, Fayetteville, AR, 72701-6018
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $247K (101%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $245K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** The Farmers & Merchants Bank
- **Servicing:** The Farmers & Merchants Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*