# PPP loan: TGC ENTERPRISES INC
> **$375K** approved 05/01/2020 · Charged Off · Loan `2785517700`
## Borrower
- **Name:** TGC ENTERPRISES INC
- **Address:** 813 HARBOR BLVD # 104, WEST SACRAMENTO, CA, 95691
- **NAICS:** —
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $375K
- **Initial approval:** $375K
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $350K
- **Rent:** $4K
- **Utilities:** $1K
- **Health care:** $19K
- **Jobs reported:** 114
## 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*