# PPP loan: AMERICAN SCRAP LLC
> **$419K** approved 08/04/2020 · Charged Off · Loan `3442888204`
## Borrower
- **Name:** AMERICAN SCRAP LLC
- **Address:** 3121 Fire Egg Road, Egg Harbor, NJ, 08324
- **NAICS:** 423930
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $419K
- **Initial approval:** $420K
- **Status:** Charged Off
- **Term:** 24 months
## Use of funds
- **Payroll:** $419K
- **Jobs reported:** 28
## Lender
- **Originating:** LendingClub Bank, National Association
- **Servicing:** LendingClub Bank, National Association (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*