# PPP loan: ACORNWALL FAMILY INDUSTRIES LLC
> **$345K** approved 05/22/2020 · Charged Off · Loan `2098997800`
## Borrower
- **Name:** ACORNWALL FAMILY INDUSTRIES LLC
- **Address:** 1178 Little East Neck Road, West Babylon, NY, 11704-2422
- **NAICS:** 453998
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $345K
- **Initial approval:** $345K
- **Status:** Charged Off
- **Term:** 6 months
## Use of funds
- **Payroll:** $259K
- **Rent:** $43K
- **Utilities:** $43K
- **Jobs reported:** 15
## 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*