# PPP loan: LAUNCH WATERTOWN, INC.
> **$185K** approved 04/07/2020 · Charged Off · Loan `7579667004`
## Borrower
- **Name:** LAUNCH WATERTOWN, INC.
- **Address:** 780 Marshall Street, HOLLISTON, MA, 01746-1438
- **NAICS:** 713110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $185K
- **Initial approval:** $185K
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $185K
- **Jobs reported:** 65
## Lender
- **Originating:** LendingClub Bank, National Association
- **Servicing:** LendingClub Bank, National Association (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*