# PPP loan: SKAGGS FUNDATION LLC
> **$196K** approved 06/26/2020 · Charged Off · Loan `5031508004`
## Borrower
- **Name:** SKAGGS FUNDATION LLC
- **Address:** 3092 Imperial circle, Atlanta, GA, 30311
- **NAICS:** 453920
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Status:** Charged Off
- **Term:** 23 months
## Use of funds
- **Payroll:** $196K
- **Jobs reported:** 9
## 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) · MORVS · CC0 1.0*