# PPP loan: MOLINA TIRE EXPRESS
> **$406K** approved 03/13/2021 · Charged Off · Loan `1887118603`
## Borrower
- **Name:** MOLINA TIRE EXPRESS
- **Address:** 8120 S Normandie Ave, Los Angeles, CA, 90044-2334
- **NAICS:** 423130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $406K
- **Initial approval:** $406K
- **Status:** Charged Off
- **Term:** 41 months
## Use of funds
- **Payroll:** $406K
- **Utilities:** $1
- **Jobs reported:** 21
## 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*