# PPP loan: MATRIX TECHNOLOGY GROUP LLC
> **$850K** approved 01/20/2021 · Charged Off · Loan `2475608301`
## Borrower
- **Name:** MATRIX TECHNOLOGY GROUP LLC
- **Address:** 343 Concord Ave, Bronx, NY, 10454-1608
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $850K
- **Initial approval:** $850K
- **Status:** Charged Off
- **Term:** 42 months
## Use of funds
- **Payroll:** $850K
- **Utilities:** $1
- **Jobs reported:** 41
## Lender
- **Originating:** NewBank
- **Servicing:** NewBank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*