# PPP loan: SPANISH WELLS INVESTMENTS, INC.
> **$235K** approved 04/11/2020 · Charged Off · Loan `2934047107`
## Borrower
- **Name:** SPANISH WELLS INVESTMENTS, INC.
- **Address:** 9655 FLORIDA MINING BLVD STE 403, JACKSONVILLE, FL, 32257-2041
- **NAICS:** 423730
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $235K
- **Initial approval:** $235K
- **Status:** Charged Off
- **Term:** 33 months
## Use of funds
- **Payroll:** $176K
- **Rent:** $29K
- **Utilities:** $29K
- **Jobs reported:** 23
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*