# PPP loan: BANGEL GROUPS, INC.
> **$159K** approved 05/01/2020 · Charged Off · Loan `5333457709`
## Borrower
- **Name:** BANGEL GROUPS, INC.
- **Address:** 4 SHEA CIR, BURLINGTON, MA, 01803-3503
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Status:** Charged Off
- **Term:** 30 months
## Use of funds
- **Payroll:** $159K
- **Jobs reported:** 11
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*