# PPP loan: USA WHOLESALE AUTO GROUP INC
> **$303K** approved 08/03/2020 · Charged Off · Loan `2749668208`
## Borrower
- **Name:** USA WHOLESALE AUTO GROUP INC
- **Address:** 60 ASBURY RD STE 342, HACKETTSTOWN, NJ, 07840
- **NAICS:** 441120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $303K
- **Initial approval:** $303K
- **Status:** Charged Off
- **Term:** 41 months
## Use of funds
- **Payroll:** $182K
- **Rent:** $85K
- **Utilities:** $36K
- **Jobs reported:** 18
## 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*