# PPP loan: CHECKRAISE LLC
> **$158K** approved 04/27/2020 · Charged Off · Loan `4935007205`
## Borrower
- **Name:** CHECKRAISE LLC
- **Address:** 92 Hampshire Street, Cambridge, MA, 02139
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $158K
- **Initial approval:** $158K
- **Status:** Charged Off
- **Term:** 18 months
## Use of funds
- **Payroll:** $118K
- **Rent:** $24K
- **Utilities:** $8K
- **Health care:** $8K
- **Jobs reported:** 20
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*