# PPP loan: CENTRAL VALLEY CAPACITY, INC
> **$162K** approved 06/18/2020 · Charged Off · Loan `8354757904`
## Borrower
- **Name:** CENTRAL VALLEY CAPACITY, INC
- **Address:** 3335 WATT AVE B311, SACRAMENTO, CA, 95821
- **NAICS:** 488999
- **Business type:** Professional Association
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Status:** Charged Off
- **Term:** 41 months
## Use of funds
- **Payroll:** $160K
- **Rent:** $1K
- **Utilities:** $1K
- **Jobs reported:** 18
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*