# PPP loan: 516 E OAKWOOD LLC
> **$223K** approved 06/19/2020 · Charged Off · Loan `9088417908`
## Borrower
- **Name:** 516 E OAKWOOD LLC
- **Address:** 641 E PERSHING RD UNIT E, CHICAGO, IL, 60653-1917
- **NAICS:** 531390
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $223K
- **Initial approval:** $223K
- **Status:** Charged Off
- **Term:** 40 months
## Use of funds
- **Payroll:** $223K
- **Jobs reported:** 17
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*