# PPP loan: MOBY SYSTEMS INC.
> **$343K** approved 05/03/2020 · Charged Off · Loan `1006587402`
## Borrower
- **Name:** MOBY SYSTEMS INC.
- **Address:** 1455 VISTA RD, EL CERRITO, CA, 94530
- **NAICS:** 541519
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $343K
- **Initial approval:** $343K
- **Status:** Charged Off
- **Term:** 4 months
## Use of funds
- **Payroll:** $205K
- **Rent:** $138K
- **Jobs reported:** 10
## 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*