# PPP loan: 3POWER LOGISTICS MANAGEMENT DBA 3POWER
> **$195K** approved 04/09/2020 · Charged Off · Loan `1135537100`
## Borrower
- **Name:** 3POWER LOGISTICS MANAGEMENT DBA 3POWER
- **Address:** 1725 Mountain Ave, Norco CA, NORCO, CA, 92860
- **NAICS:** 484110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Status:** Charged Off
- **Term:** 4 months
## Use of funds
- **Payroll:** $176K
- **Rent:** $10K
- **Mortgage interest:** $3K
- **Utilities:** $1K
- **Debt interest:** $5K
- **Jobs reported:** 11
## 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*