# PPP loan: RAE LAND SERVICES, LLC
> **$280K** approved 05/01/2020 · Charged Off · Loan `1086387705`
## Borrower
- **Name:** RAE LAND SERVICES, LLC
- **Address:** 208 E 24TH ST, HOUSTON, TX, 77008
- **NAICS:** 237210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Status:** Charged Off
- **Term:** — months
## Use of funds
- **Payroll:** $264K
- **Mortgage interest:** $13K
- **Utilities:** $3K
- **Jobs reported:** 1
## 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*