# PPP loan: FORTUNE INVESTMENT GROUP
> **$415K** approved 06/05/2020 · Charged Off · Loan `8173477806`
## Borrower
- **Name:** FORTUNE INVESTMENT GROUP
- **Address:** 401 Ivy Crescent, Chesapeake, VA, 23325-4307
- **NAICS:** 453998
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $415K
- **Initial approval:** $415K
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $311K
- **Rent:** $52K
- **Utilities:** $52K
- **Jobs reported:** 12
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*