# PPP loan: GRETCHEN INTERNATIONAL INC.
> **$371K** approved 05/01/2020 · Charged Off · Loan `3021227701`
## Borrower
- **Name:** GRETCHEN INTERNATIONAL INC.
- **Address:** 380 SWIFT AVE, UNIT 12, South San Francisco, CA, 94080
- **NAICS:** 999990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $371K
- **Initial approval:** $371K
- **Status:** Charged Off
- **Term:** 1 months
## Use of funds
- **Payroll:** $339K
- **Rent:** $7K
- **Mortgage interest:** $16K
- **Utilities:** $5K
- **Health care:** $4K
- **Debt interest:** $992
- **Jobs reported:** 14
## 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*