# PPP loan: OCEAN TRANS INC
> **$254K** approved 05/01/2020 · Charged Off · Loan `1457847701`
## Borrower
- **Name:** OCEAN TRANS INC
- **Address:** 1415 W ANDERSON ST, STOCKTON, CA, 95206
- **NAICS:** 999990
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $254K
- **Initial approval:** $254K
- **Status:** Charged Off
- **Term:** 3 months
## Use of funds
- **Payroll:** $254K
- **Jobs reported:** 270
## 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*