# PPP loan: GROVE TEXAS CAPITAL LLC
> **$153K** approved 06/30/2020 · Charged Off · Loan `6537018001`
## Borrower
- **Name:** GROVE TEXAS CAPITAL LLC
- **Address:** 7310 Schiller St, HOUSTON, TX, 77055-5108
- **NAICS:** 524210
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $153K
- **Initial approval:** $153K
- **Status:** Charged Off
- **Term:** 21 months
## Use of funds
- **Payroll:** $122K
- **Rent:** $15K
- **Utilities:** $15K
- **Jobs reported:** 16
## Lender
- **Originating:** City Bank
- **Servicing:** City Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*