# PPP loan: TGC ENTERPRISES INC
> **$1.16M** approved 03/23/2021 · Charged Off · Loan `7068138602`
## Borrower
- **Name:** TGC ENTERPRISES INC
- **Address:** 813 Harbor Blvd # 104, West Sacramento, CA, 95691-2201
- **NAICS:** 115115
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.16M
- **Initial approval:** $1.16M
- **Status:** Charged Off
- **Term:** 37 months
## Use of funds
- **Payroll:** $1.16M
- **Utilities:** $1
- **Jobs reported:** 115
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*