# PPP loan: JM SERVI-EQUIPOS INC
> **$188K** approved 06/10/2020 · Charged Off · Loan `1535867910`
## Borrower
- **Name:** JM SERVI-EQUIPOS INC
- **Address:** 11078 Suspense Drive, Winter Garden, FL, 34787
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $83K (44%)
- **Forgiveness date:** 10/21/2021
- **Status:** Charged Off
- **Term:** 27 months
## Use of funds
- **Payroll:** $141K
- **Rent:** $23K
- **Utilities:** $23K
- **Jobs reported:** 10
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*