# PPP loan: SLEC INC
> **$200K** approved 04/15/2020 · Charged Off · Loan `8028127102`
## Borrower
- **Name:** SLEC INC
- **Address:** 23 Fontana Lane SUITE 109, Rosedale, MD, 21237
- **NAICS:** 333999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Status:** Charged Off
- **Term:** 1 months
## Use of funds
- **Payroll:** $166K
- **Rent:** $15K
- **Mortgage interest:** $3K
- **Utilities:** $6K
- **Health care:** $8K
- **Debt interest:** $3K
- **Jobs reported:** 12
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*