# PPP loan: 1545 HEIGHTS VENTURE, LLC
> **$150K** approved 04/08/2020 · Paid in Full · Loan `8627837007`
## Borrower
- **Name:** 1545 HEIGHTS VENTURE, LLC
- **Address:** 927 STUDEWOOD ST SUITE 200, HOUSTON, TX, 77008-1579
- **NAICS:** 531210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $120K
- **Mortgage interest:** $15K
- **Utilities:** $15K
- **Jobs reported:** 15
## Lender
- **Originating:** Gulf Capital Bank
- **Servicing:** Gulf Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*