# PPP loan: LCBV MEMPHIS OPERATING, LLC
> **$1.11M** approved 04/08/2020 · Paid in Full · Loan `8619677007`
## Borrower
- **Name:** LCBV MEMPHIS OPERATING, LLC
- **Address:** 939 RIDGE LAKE BLVD, MEMPHIS, TN, 38120-9407
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.11M
- **Initial approval:** $1.11M
- **Forgiven:** $1.09M (99%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $833K
- **Utilities:** $200K
- **Health care:** $74K
- **Jobs reported:** 146
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*