# PPP loan: LA ROOTS LLC
> **$420K** approved 07/29/2020 · Charged Off · Loan `9842468105`
## Borrower
- **Name:** LA ROOTS LLC
- **Address:** 1974 W WASHINGTON BLVD, LOS ANGELES, CA, 90018
- **NAICS:** 236220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $420K
- **Initial approval:** $420K
- **Status:** Charged Off
- **Term:** 39 months
## Use of funds
- **Payroll:** $260K
- **Rent:** $150K
- **Utilities:** $10K
- **Jobs reported:** 22
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*