# PPP loan: DEBRIS OR NOT DEBRIS PROPERTY PRESERVATION INC
> **$350K** approved 06/02/2020 · Charged Off · Loan `6864697802`
## Borrower
- **Name:** DEBRIS OR NOT DEBRIS PROPERTY PRESERVATION INC
- **Address:** 1431 Poinsetta Arch, Virginia Beach, VA, 23453-1926
- **NAICS:** 453998
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $350K
- **Initial approval:** $350K
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $263K
- **Rent:** $44K
- **Utilities:** $44K
- **Jobs reported:** 8
## 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*