# PPP loan: LEAD INSURANCE AGENCY, INC.
> **$1.46M** approved 05/01/2020 · Charged Off · Loan `2151617704`
## Borrower
- **Name:** LEAD INSURANCE AGENCY, INC.
- **Address:** 2500 N 24th St, Phoenix, AZ, 85008
- **NAICS:** —
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.46M
- **Initial approval:** $1.46M
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $1.35M
- **Rent:** $43K
- **Utilities:** $15K
- **Health care:** $54K
- **Jobs reported:** 257
## 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*