# PPP loan: MEGAWATTS LLC
> **$770K** approved 04/09/2021 · Charged Off · Loan `1143128810`
## Borrower
- **Name:** MEGAWATTS LLC
- **Address:** 512 S Main St Apt 301, Los Angeles, CA, 90013-1273
- **NAICS:** 541618
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $770K
- **Initial approval:** $770K
- **Status:** Charged Off
- **Term:** 40 months
## Use of funds
- **Payroll:** $770K
- **Utilities:** $1
- **Jobs reported:** 77
## 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*