# PPP loan: LI AND CHEN LLC DBA DISCOVERY WORLD MONTESSORI
> **$173K** approved 05/01/2020 · Charged Off · Loan `1627637701`
## Borrower
- **Name:** LI AND CHEN LLC DBA DISCOVERY WORLD MONTESSORI
- **Address:** 801 South Brea Canyon Road, WALNUT, CA, 91789-3016
- **NAICS:** 611699
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Status:** Charged Off
- **Term:** 3 months
## Use of funds
- **Payroll:** $108K
- **Rent:** $62K
- **Utilities:** $2K
- **Health care:** $1K
- **Jobs reported:** 25
## 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*