# PPP loan: OTCXN, INC.
> **$415K** approved 04/15/2020 · Charged Off · Loan `2178077207`
## Borrower
- **Name:** OTCXN, INC.
- **Address:** 7 Rowland Ct., NOVATO, CA, 94947
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $415K
- **Initial approval:** $415K
- **Status:** Charged Off
- **Term:** 60 months
## Use of funds
- **Payroll:** $389K
- **Health care:** $26K
- **Jobs reported:** 2
## 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*