# PPP loan: ALFRED A SMITH
> **$434K** approved 05/01/2020 · Charged Off · Loan `2859147700`
## Borrower
- **Name:** ALFRED A SMITH
- **Address:** 2011 RACHELLE PL, ESCONDIDO, CA, 92025
- **NAICS:** —
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $434K
- **Initial approval:** $434K
- **Status:** Charged Off
- **Term:** 2 months
## Use of funds
- **Payroll:** $265K
- **Rent:** $34K
- **Mortgage interest:** $18K
- **Utilities:** $28K
- **Health care:** $69K
- **Debt interest:** $22K
- **Jobs reported:** 25
## 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*