# PPP loan: POWER EXPRESS INC
> **$188K** approved 02/01/2021 · Charged Off · Loan `1253408409`
## Borrower
- **Name:** POWER EXPRESS INC
- **Address:** 4105 S Mendenhall Rd, Memphis, TN, 38115-5927
- **NAICS:** 488510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Status:** Charged Off
- **Term:** 43 months
## Use of funds
- **Payroll:** $188K
- **Jobs reported:** 12
## Lender
- **Originating:** Transportation Alliance Bank, Inc. d/b/a TAB Bank
- **Servicing:** Transportation Alliance Bank, Inc. d/b/a TAB Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*