# PPP loan: JOSEPHINE LOUNGE
> **$238K** approved 05/08/2020 · Charged Off · Loan `3812137400`
## Borrower
- **Name:** JOSEPHINE LOUNGE
- **Address:** 3277 Buford Highway Northeast, Atlanta, GA, 30329
- **NAICS:** 721199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $238K
- **Initial approval:** $238K
- **Status:** Charged Off
- **Term:** 4 months
## Use of funds
- **Payroll:** $178K
- **Rent:** $30K
- **Utilities:** $30K
- **Jobs reported:** 60
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*