# PPP loan: BAILEY 44, LLC
> **$1.35M** approved 04/11/2020 · Charged Off · Loan `3359517103`
## Borrower
- **Name:** BAILEY 44, LLC
- **Address:** 4700 S. Boyle Ave 0.0, Vernon, CA, 90058-3000
- **NAICS:** 424330
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.35M
- **Initial approval:** $1.35M
- **Forgiven:** $422K (31%)
- **Forgiveness date:** 04/13/2022
- **Status:** Charged Off
- **Term:** 3 months
## Use of funds
- **Payroll:** $997K
- **Rent:** $244K
- **Utilities:** $11K
- **Health care:** $95K
- **Jobs reported:** 78
## 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*