# PPP loan: CREEL INDUSTRIES DBA SAN DIEGO MOBILITY
> **$519K** approved 05/01/2020 · Charged Off · Loan `1987057708`
## Borrower
- **Name:** CREEL INDUSTRIES DBA SAN DIEGO MOBILITY
- **Address:** 4715 30TH ST STE 6, SAN DIEGO, CA, 92116
- **NAICS:** —
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $519K
- **Initial approval:** $519K
- **Forgiven:** $262K (50%)
- **Forgiveness date:** 12/22/2020
- **Status:** Charged Off
- **Term:** 27 months
## Use of funds
- **Payroll:** $478K
- **Rent:** $15K
- **Utilities:** $16K
- **Health care:** $11K
- **Jobs reported:** 89
## 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*