# PPP loan: RANKL AND RIES MOTORCARS INC
> **$182K** approved 04/15/2020 · Charged Off · Loan `8084457101`
## Borrower
- **Name:** RANKL AND RIES MOTORCARS INC
- **Address:** 4805 TUSCARAWAS ST W, CANTON, OH, 44708
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $182K
- **Initial approval:** $182K
- **Status:** Charged Off
- **Term:** 3 months
## Use of funds
- **Payroll:** $102K
- **Rent:** $18K
- **Utilities:** $9K
- **Health care:** $18K
- **Debt interest:** $36K
- **Jobs reported:** 16
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*