# PPP loan: FALCON MOTORS INC
> **$346K** approved 04/30/2020 · Charged Off · Loan `7183817310`
## Borrower
- **Name:** FALCON MOTORS INC
- **Address:** 7905 van nuys blvd unit 21, Panorama City, CA, 91402-6079
- **NAICS:** 441228
- **Business type:** Partnership
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $346K
- **Initial approval:** $250K
- **Status:** Charged Off
- **Term:** 4 months
## Use of funds
- **Payroll:** $260K
- **Rent:** $43K
- **Utilities:** $43K
- **Jobs reported:** 28
## Lender
- **Originating:** BSD Capital, LLC dba Lendistry
- **Servicing:** Lendistry SBLC, LLC (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*