# PPP loan: GROVE PLACE VENTURES INC
> **$171K** approved 04/06/2020 · Paid in Full · Loan `6292977001`
## Borrower
- **Name:** GROVE PLACE VENTURES INC
- **Address:** 1314 SONTERRA BLVD, Suite 5101, SAN ANTONIO, TX, 78258-4289
- **NAICS:** 812112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $173K (101%)
- **Forgiveness date:** 07/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $128K
- **Rent:** $43K
- **Jobs reported:** 20
## Lender
- **Originating:** American Bank of Commerce
- **Servicing:** American Bank of Commerce (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*