# PPP loan: NEW BEGINNINGS CHILDCARE SERVICES LLC
> **$886K** approved 06/17/2020 · Charged Off · Loan `7531477900`
## Borrower
- **Name:** NEW BEGINNINGS CHILDCARE SERVICES LLC
- **Address:** 12424 North 28th Drive, Phoenix, AZ, 85029-2433
- **NAICS:** 624110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $886K
- **Initial approval:** $886K
- **Status:** Charged Off
- **Term:** 41 months
## Use of funds
- **Payroll:** $664K
- **Mortgage interest:** $221K
- **Jobs reported:** 32
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Square Capital, LLC (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*