# PPP loan: KARDAN 88 CONSTRUCTION
> **$701K** approved 03/18/2021 · Charged Off · Loan `4653968601`
## Borrower
- **Name:** KARDAN 88 CONSTRUCTION
- **Address:** 514 E Palmer Ave Apt 5, Glendale, CA, 91205-3435
- **NAICS:** 236220
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $701K
- **Initial approval:** $701K
- **Status:** Charged Off
- **Term:** 36 months
## Use of funds
- **Payroll:** $701K
- **Utilities:** $1
- **Jobs reported:** 46
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*