# PPP loan: BLACKLAND ELECTRICAL LLC
> **$198K** approved 05/01/2020 · Charged Off · Loan `1487357708`
## Borrower
- **Name:** BLACKLAND ELECTRICAL LLC
- **Address:** 6711 STATE HIGHWAY 276 W, ROYSE CITY, TX, 75189
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Status:** Charged Off
- **Term:** 3 months
## Use of funds
- **Payroll:** $181K
- **Rent:** $4K
- **Utilities:** $5K
- **Health care:** $6K
- **Debt interest:** $2K
- **Jobs reported:** 19
## 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*