# PPP loan: MEXTRADE, INC
> **$267K** approved 05/13/2020 · Charged Off · Loan `5931707407`
## Borrower
- **Name:** MEXTRADE, INC
- **Address:** 2365 MICHAEL FARADAY DR STE 4, SAN DIEGO, CA, 92154-7257
- **NAICS:** 445110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $267K
- **Initial approval:** $267K
- **Forgiven:** $79K (30%)
- **Forgiveness date:** 04/24/2023
- **Status:** Charged Off
- **Term:** 15 months
## Use of funds
- **Payroll:** $267K
- **Jobs reported:** 15
## 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*