# PPP loan: TAVARES TRANSPORTATION, INC.
> **$274K** approved 05/01/2020 · Charged Off · Loan `3041347710`
## Borrower
- **Name:** TAVARES TRANSPORTATION, INC.
- **Address:** 50 W ALISAL ST, SALINAS, CA, 93901
- **NAICS:** 484210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $374K
- **Status:** Charged Off
- **Term:** 3 months
## Use of funds
- **Payroll:** $110K
- **Utilities:** $165K
- **Jobs reported:** 120
## 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*