# PPP loan: TIER ONE SOLUTIONS
> **$240K** approved 06/01/2020 · Charged Off · Loan `6234977809`
## Borrower
- **Name:** TIER ONE SOLUTIONS
- **Address:** 2421 Kilkare Avenue, Winston-Salem, NC, 27105
- **NAICS:** 236115
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Status:** Charged Off
- **Term:** 6 months
## Use of funds
- **Payroll:** $180K
- **Rent:** $30K
- **Utilities:** $30K
- **Jobs reported:** 15
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*