# PPP loan: GROSMAN INVESTMENTS LLC
> **$204K** approved 05/29/2020 · Charged Off · Loan `5159417810`
## Borrower
- **Name:** GROSMAN INVESTMENTS LLC
- **Address:** 2410 Bastille Court, McKinney, TX, 75070-4251
- **NAICS:** 721199
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $204K
- **Initial approval:** $204K
- **Status:** Charged Off
- **Term:** 6 months
## Use of funds
- **Payroll:** $153K
- **Rent:** $25K
- **Utilities:** $25K
- **Jobs reported:** 35
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*