# PPP loan: US TRADE AND EXCHANGE LLC
> **$317K** approved 04/15/2020 · Charged Off · Loan `1257087203`
## Borrower
- **Name:** US TRADE AND EXCHANGE LLC
- **Address:** 122 Taberna WAy, New Bern, NC, 28560
- **NAICS:** 111211
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $317K
- **Initial approval:** $317K
- **Status:** Charged Off
- **Term:** 20 months
## Use of funds
- **Payroll:** $317K
- **Jobs reported:** 30
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*