# PPP loan: PRESTIGIOUS PROPERTIES LLC
> **$325K** approved 08/03/2020 · Charged Off · Loan `2839248204`
## Borrower
- **Name:** PRESTIGIOUS PROPERTIES LLC
- **Address:** 5899 Preston Road 120, FRISCO, TX, 75034
- **NAICS:** 541990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $325K
- **Initial approval:** $325K
- **Status:** Charged Off
- **Term:** 39 months
## Use of funds
- **Payroll:** $302K
- **Rent:** $20K
- **Mortgage interest:** $635
- **Utilities:** $2K
- **Jobs reported:** 17
## 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*