# PPP loan: REGENT TEK INDUSTRIES, INC.
> **$174K** approved 04/15/2020 · Charged Off · Loan `2185957209`
## Borrower
- **Name:** REGENT TEK INDUSTRIES, INC.
- **Address:** 202 Mastic Blvd E, SHIRLEY, NY, 11967
- **NAICS:** 325510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Status:** Charged Off
- **Term:** 3 months
## Use of funds
- **Payroll:** $131K
- **Rent:** $32K
- **Utilities:** $12K
- **Jobs reported:** 7
## 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*