# PPP loan: FALLS BASEMENT LLC
> **$198K** approved 01/26/2021 · Paid in Full · Loan `6352558308`
## Borrower
- **Name:** FALLS BASEMENT LLC
- **Address:** 740 Munroe Falls Ave, Cuyahoga Falls, OH, 44221-3440
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 12/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $198K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*