# PPP loan: BRAND XCLUSIVE
> **$296K** approved 06/17/2020 · Charged Off · Loan `7198057909`
## Borrower
- **Name:** BRAND XCLUSIVE
- **Address:** 18100 Von Karman Avenue, Irvine, CA, 92612-0162
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $296K
- **Initial approval:** $296K
- **Status:** Charged Off
- **Term:** 43 months
## Use of funds
- **Payroll:** $222K
- **Rent:** $37K
- **Utilities:** $37K
- **Jobs reported:** 18
## 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*