# PPP loan: SBS & ASSOCIATES
> **$555K** approved 08/05/2020 · Charged Off · Loan `4017368205`
## Borrower
- **Name:** SBS & ASSOCIATES
- **Address:** 6347 ATLANTIC AVE, BELL, CA, 90201-1254
- **NAICS:** 561311
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $555K
- **Initial approval:** $555K
- **Status:** Charged Off
- **Term:** 41 months
## Use of funds
- **Payroll:** $515K
- **Jobs reported:** 72
## 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*