# PPP loan: RED HOOK SIGN AND ELECTRIC CORP.
> **$183K** approved 06/26/2020 · Charged Off · Loan `4979768001`
## Borrower
- **Name:** RED HOOK SIGN AND ELECTRIC CORP.
- **Address:** 195 BUSH ST, BROOKLYN, NY, 11231-3801
- **NAICS:** 339950
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $183K
- **Initial approval:** $183K
- **Status:** Charged Off
- **Term:** 37 months
## Use of funds
- **Payroll:** $160K
- **Rent:** $20K
- **Utilities:** $3K
- **Jobs reported:** 10
## 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*