# PPP loan: WHIP INDUSTRIES, INC.
> **$979K** approved 04/15/2020 · Paid in Full · Loan `1799237205`
## Borrower
- **Name:** WHIP INDUSTRIES, INC.
- **Address:** 3010 S MAIN, FORT WORTH, TX, 76110-4227
- **NAICS:** 332322
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $979K
- **Initial approval:** $979K
- **Forgiven:** $984K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $734K
- **Mortgage interest:** $122K
- **Utilities:** $122K
- **Jobs reported:** 108
## Lender
- **Originating:** Ciera Bank
- **Servicing:** Ciera Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*