# PPP loan: ARCHBAN AUTO BROKER INC
> **$416K** approved 05/22/2020 · Charged Off · Loan `1878127804`
## Borrower
- **Name:** ARCHBAN AUTO BROKER INC
- **Address:** 2975 Blackburn Street, Dallas, TX, 75204-3104
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $416K
- **Initial approval:** $416K
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $312K
- **Rent:** $104K
- **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*