# PPP loan: KING OF CARS INC.
> **$214K** approved 03/24/2021 · Charged Off · Loan `7638938609`
## Borrower
- **Name:** KING OF CARS INC.
- **Address:** 5911 E Olympic Blvd, Los Angeles, CA, 90022-5210
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $214K
- **Initial approval:** $214K
- **Status:** Charged Off
- **Term:** 41 months
## Use of funds
- **Payroll:** $214K
- **Jobs reported:** 15
## Lender
- **Originating:** MVB Bank, Inc.
- **Servicing:** MVB Bank, Inc. (WV)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*