# PPP loan: AJK AUTO SALES
> **$225K** approved 06/10/2020 · Charged Off · Loan `1747207902`
## Borrower
- **Name:** AJK AUTO SALES
- **Address:** 1172 Grand Army of the Republic Highway, Somerset, MA, 02726
- **NAICS:** 484110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Status:** Charged Off
- **Term:** 41 months
## Use of funds
- **Payroll:** $169K
- **Rent:** $28K
- **Utilities:** $28K
- **Jobs reported:** 10
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*