# PPP loan: GALAXY ENGINEERING
> **$150K** approved 03/10/2021 · Charged Off · Loan `8752888507`
## Borrower
- **Name:** GALAXY ENGINEERING
- **Address:** 3401 High Vista Dr, Carrollton, TX, 75007-6053
- **NAICS:** 541330
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Status:** Charged Off
- **Term:** 36 months
## Use of funds
- **Payroll:** $150K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*