# PPP loan: AHMED ALI
> **$285K** approved 04/28/2020 · Charged Off · Loan `8005977205`
## Borrower
- **Name:** AHMED ALI
- **Address:** 319 lakeside Blvd., Sugar land, TX, 77478-3959
- **NAICS:** 814110
- **Business type:** Sole Proprietorship
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $214K
- **Utilities:** $71K
- **Jobs reported:** 43
## Lender
- **Originating:** Wallis Bank
- **Servicing:** Wallis Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*