# PPP loan: 1385-TYLER, INC.
> **$210K** approved 05/08/2020 · Charged Off · Loan `4081867407`
## Borrower
- **Name:** 1385-TYLER, INC.
- **Address:** 115 WSW Lppp 323, TYLER, TX, 75701
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $210K
- **Initial approval:** $210K
- **Forgiven:** $16K (7%)
- **Forgiveness date:** 01/12/2022
- **Status:** Charged Off
- **Term:** 26 months
## Use of funds
- **Payroll:** $208K
- **Rent:** $1K
- **Utilities:** $1K
- **Jobs reported:** 60
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*