# PPP loan: WESTERN CONVERTING SPECIALTIES, INC.
> **$245K** approved 05/01/2020 · Paid in Full · Loan `1753527704`
## Borrower
- **Name:** WESTERN CONVERTING SPECIALTIES, INC.
- **Address:** 2886 METROPOLITAN PL, POMONA, CA, 91767
- **NAICS:** 561910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Rent:** $18K
- **Utilities:** $12K
- **Health care:** $15K
- **Jobs reported:** 26
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*