# PPP loan: 1541 Q LLC
> **$171K** approved 04/14/2020 · Paid in Full · Loan `7853607110`
## Borrower
- **Name:** 1541 Q LLC
- **Address:** 1541 14th Street NW, Washington, DC, 20005-3706
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $174K (102%)
- **Forgiveness date:** 10/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $128K
- **Rent:** $34K
- **Utilities:** $9K
- **Jobs reported:** 31
## Lender
- **Originating:** Chain Bridge Bank, National Association
- **Servicing:** Chain Bridge Bank, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*