# PPP loan: RAREBIT LLC
> **$165K** approved 05/01/2020 · Charged Off · Loan `8772167308`
## Borrower
- **Name:** RAREBIT LLC
- **Address:** 474 KING ST, CHARLESTON, SC, 29403-6229
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Status:** Charged Off
- **Term:** 4 months
## Use of funds
- **Payroll:** $124K
- **Rent:** $40K
- **Utilities:** $1K
- **Jobs reported:** 37
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*