# PPP loan: THE 401 LLC
> **$470K** approved 02/14/2021 · Paid in Full · Loan `9024598401`
## Borrower
- **Name:** THE 401 LLC
- **Address:** 6700 Ferris St Ste 150, Bellaire, TX, 77401-3631
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $470K
- **Initial approval:** $470K
- **Forgiven:** $474K (101%)
- **Forgiveness date:** 01/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $470K
- **Utilities:** $1
- **Jobs reported:** 52
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*