# PPP loan: SPACESONICS INCORPORATED
> **$480K** approved 03/23/2021 · Charged Off · Loan `7085008600`
## Borrower
- **Name:** SPACESONICS INCORPORATED
- **Address:** 30300 Union City Blvd, Union City, CA, 94587-1514
- **NAICS:** 332322
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $480K
- **Initial approval:** $480K
- **Status:** Charged Off
- **Term:** 40 months
## Use of funds
- **Payroll:** $480K
- **Utilities:** $1
- **Jobs reported:** 41
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*