# PPP loan: 500 FESTIVAL INC
> **$263K** approved 03/12/2021 · Paid in Full · Loan `9881358502`
## Borrower
- **Name:** 500 FESTIVAL INC
- **Address:** 21 Virginia Ave Ste 500, Indianapolis, IN, 46204-3660
- **NAICS:** 711320
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $263K
- **Initial approval:** $263K
- **Forgiven:** $264K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $263K
- **Jobs reported:** 14
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*