# PPP loan: GROOVE CAPTURE STUDIOS, LLC
> **$257K** approved 04/30/2020 · Paid in Full · Loan `6972837303`
## Borrower
- **Name:** GROOVE CAPTURE STUDIOS, LLC
- **Address:** 1213 Culbreth Drive, Wilmington, NC, 28405
- **NAICS:** 812990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $257K
- **Initial approval:** $257K
- **Forgiven:** $260K (101%)
- **Forgiveness date:** 09/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $257K
- **Jobs reported:** 19
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*