# PPP loan: ML EQUITY LLC
> **$250K** approved 05/03/2020 · Charged Off · Loan `1051637403`
## Borrower
- **Name:** ML EQUITY LLC
- **Address:** 645 CROSS AVE, LOS ANGELES, CA, 90065
- **NAICS:** 541211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Status:** Charged Off
- **Term:** 4 months
## Use of funds
- **Payroll:** $250K
- **Jobs reported:** 10
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*