# PPP loan: CHAIN EQUIPMENT SOLUTIONS LLC
> **$206K** approved 06/05/2020 · Charged Off · Loan `8451517806`
## Borrower
- **Name:** CHAIN EQUIPMENT SOLUTIONS LLC
- **Address:** 1330 Polo Run, Midlothian, TX, 76065-5972
- **NAICS:** 812990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $206K
- **Initial approval:** $206K
- **Status:** Charged Off
- **Term:** 6 months
## Use of funds
- **Payroll:** $155K
- **Rent:** $26K
- **Utilities:** $26K
- **Jobs reported:** 15
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*