# PPP loan: CBS MOBILE MECHANICS INC
> **$1.82M** approved 05/20/2020 · Charged Off · Loan `9401327401`
## Borrower
- **Name:** CBS MOBILE MECHANICS INC
- **Address:** 420 Southwest 12th Avenue, Miami, FL, 33130-2412
- **NAICS:** 812990
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.82M
- **Initial approval:** $1.82M
- **Status:** Charged Off
- **Term:** 6 months
## Use of funds
- **Payroll:** $1.36M
- **Rent:** $227K
- **Utilities:** $227K
- **Jobs reported:** 95
## 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*