# PPP loan: CORONET BARBER SHOP CORP
> **$222K** approved 08/03/2020 · Charged Off · Loan `2967568200`
## Borrower
- **Name:** CORONET BARBER SHOP CORP
- **Address:** 1617 Sw 67th Ave, MIAMI, FL, 33155-1739
- **NAICS:** 812111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $222K
- **Initial approval:** $222K
- **Status:** Charged Off
- **Term:** 41 months
## Use of funds
- **Payroll:** $167K
- **Rent:** $46K
- **Utilities:** $10K
- **Jobs reported:** 19
## 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*