# PPP loan: CWBC INC
> **$163K** approved 04/10/2020 · Paid in Full · Loan `1492327105`
## Borrower
- **Name:** CWBC INC
- **Address:** GENERAL DELIVERY, LAKE ARTHUR, NM, 88253-9999
- **NAICS:** 111940
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $161K
- **Utilities:** $2K
- **Jobs reported:** 7
## Lender
- **Originating:** Western Bank, Artesia, New Mexico
- **Servicing:** Western Bank, Artesia, New Mexico (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*