# PPP loan: MARVEL CONCEPTS LLC
> **$298K** approved 05/03/2020 · Charged Off · Loan `1031737401`
## Borrower
- **Name:** MARVEL CONCEPTS LLC
- **Address:** 2625 Piedmont Road Northeast, Atlanta, GA, 30324
- **NAICS:** 453998
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $298K
- **Initial approval:** $298K
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $223K
- **Rent:** $37K
- **Utilities:** $37K
- **Jobs reported:** 15
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*