# PPP loan: 1039 YALE, LLC
> **$228K** approved 04/28/2020 · Paid in Full · Loan `9078317201`
## Borrower
- **Name:** 1039 YALE, LLC
- **Address:** 610 Arlington Street, HOUSTON, TX, 77007
- **NAICS:** 531110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $231K (101%)
- **Forgiveness date:** 05/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $171K
- **Rent:** $54K
- **Utilities:** $3K
- **Jobs reported:** 37
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*