# PPP loan: CVD DEVELOPMENT LLC
> **$285K** approved 04/27/2020 · Charged Off · Loan `5213417202`
## Borrower
- **Name:** CVD DEVELOPMENT LLC
- **Address:** 9330 Hollow Way, DALLAS, TX, 75220
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Status:** Charged Off
- **Term:** 31 months
## Use of funds
- **Payroll:** $275K
- **Mortgage interest:** $5K
- **Utilities:** $5K
- **Jobs reported:** 64
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*