# PPP loan: LEN & NCHANG LLC
> **$238K** approved 06/23/2020 · Charged Off · Loan `1767648005`
## Borrower
- **Name:** LEN & NCHANG LLC
- **Address:** 3009 East Baltimore Street, Baltimore, MD, 21224-1347
- **NAICS:** 812990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $238K
- **Initial approval:** $238K
- **Status:** Charged Off
- **Term:** 41 months
## Use of funds
- **Payroll:** $179K
- **Rent:** $30K
- **Utilities:** $30K
- **Jobs reported:** 6
## 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*