# PPP loan: GROVE MANAGEMENT COMPANY, INC
> **$399K** approved 04/14/2020 · Paid in Full · Loan `7131827104`
## Borrower
- **Name:** GROVE MANAGEMENT COMPANY, INC
- **Address:** 1018 W. 11th street #100, AUSTIN, TX, 78703
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $399K
- **Initial approval:** $399K
- **Forgiven:** $401K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $391K
- **Rent:** $7K
- **Utilities:** $1K
- **Jobs reported:** 31
## 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*