# PPP loan: GROOM SENIOR LIVING INC
> **$164K** approved 04/06/2020 · Paid in Full · Loan `6252827008`
## Borrower
- **Name:** GROOM SENIOR LIVING INC
- **Address:** 100 Allentown Parkway Ste 214, ALLEN, TX, 75002-4200
- **NAICS:** 623312
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $124K
- **Rent:** $22K
- **Utilities:** $5K
- **Debt interest:** $13K
- **Jobs reported:** 39
## Lender
- **Originating:** PlainsCapital Bank
- **Servicing:** PlainsCapital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*