# PPP loan: GARCIA ADJUSTMENT CORP
> **$154K** approved 06/08/2020 · Charged Off · Loan `9377687806`
## Borrower
- **Name:** GARCIA ADJUSTMENT CORP
- **Address:** 1031 Ives Dairy Road, Miami, FL, 33179-2502
- **NAICS:** 812990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Status:** Charged Off
- **Term:** 40 months
## Use of funds
- **Payroll:** $115K
- **Rent:** $19K
- **Utilities:** $19K
- **Jobs reported:** 9
## 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*