# PPP loan: JLITE MORTORS
> **$1.85M** approved 06/20/2020 · Charged Off · Loan `9819207909`
## Borrower
- **Name:** JLITE MORTORS
- **Address:** 607 E HIGHWAY 67, DUNCANVILLE, TX, 75137
- **NAICS:** 335312
- **Business type:** Self-Employed Individuals
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.85M
- **Initial approval:** $1.85M
- **Status:** Charged Off
- **Term:** 9 months
## Use of funds
- **Payroll:** $1.85M
- **Jobs reported:** 42
## Lender
- **Originating:** Kabbage, Inc.
- **Servicing:** Lendistry-Federal Reserve Contract (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*