# PPP loan: RONES LANDSCAPING
> **$230K** approved 05/26/2020 · Charged Off · Loan `3455597802`
## Borrower
- **Name:** RONES LANDSCAPING
- **Address:** 3181 Maple Hill Drive, Memphis, TN, 38118-1725
- **NAICS:** 561110
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $172K
- **Rent:** $29K
- **Utilities:** $29K
- **Jobs reported:** 24
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*