# PPP loan: PFC PROCESSING SERVICES
> **$184K** approved 05/26/2021 · Charged Off · Loan `7661369010`
## Borrower
- **Name:** PFC PROCESSING SERVICES
- **Address:** 32206 Tamina Rd, Magnolia, TX, 77354-2555
- **NAICS:** 531311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $184K
- **Initial approval:** $184K
- **Status:** Charged Off
- **Term:** 40 months
## Use of funds
- **Payroll:** $184K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** Southwestern National Bank
- **Servicing:** Southwestern National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*