# PPP loan: ASSOCIATES OF ADVANCED PHYSICAL
> **$260K** approved 07/23/2020 · Charged Off · Loan `7558738107`
## Borrower
- **Name:** ASSOCIATES OF ADVANCED PHYSICAL
- **Address:** 1600 S FEDERAL HWY STE 451, POMPANO BEACH, FL, 33062
- **NAICS:** 621399
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Status:** Charged Off
- **Term:** 35 months
## Use of funds
- **Payroll:** $156K
- **Rent:** $52K
- **Utilities:** $31K
- **Debt interest:** $21K
- **Jobs reported:** 17
## 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*