# PPP loan: AUTOMATIC BOILER COMPANY, INC.
> **$200K** approved 06/26/2020 · Charged Off · Loan `4985658010`
## Borrower
- **Name:** AUTOMATIC BOILER COMPANY, INC.
- **Address:** 2025 W COMMONWEALTH AVE STE D, FULLERTON, CA, 92833
- **NAICS:** 423720
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Status:** Charged Off
- **Term:** 41 months
## Use of funds
- **Payroll:** $180K
- **Health care:** $20K
- **Jobs reported:** 15
## 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*