# PPP loan: GROOVIN' BEAN
> **$273K** approved 05/15/2021 · Charged Off · Loan `2251989002`
## Borrower
- **Name:** GROOVIN' BEAN
- **Address:** 801 Northwest 3rd Avenue 104, Homestead, FL, 33030
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $273K
- **Initial approval:** $273K
- **Status:** Charged Off
- **Term:** 38 months
## Use of funds
- **Payroll:** $273K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Leader Bank, National Association
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*