# PPP loan: W.C. MALONEY, INC.
> **$1.37M** approved 04/10/2020 · Paid in Full · Loan `1968327101`
## Borrower
- **Name:** W.C. MALONEY, INC.
- **Address:** 4020 NEWTON RD, STOCKTON, CA, 95205-2425
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.37M
- **Initial approval:** $1.37M
- **Forgiven:** $1.38M (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.19M
- **Rent:** $164K
- **Utilities:** $14K
- **Jobs reported:** 85
## Lender
- **Originating:** United Business Bank
- **Servicing:** United Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*