# PPP loan: W CONTRACTING COMPANY INC.
> **$1.11M** approved 02/03/2021 · Exemption 4 · Loan `2386278405`
## Borrower
- **Name:** W CONTRACTING COMPANY INC.
- **Address:** 25129 The Old Rd Ste 206, Stevenson Ranch, CA, 91381-2244
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.11M
- **Initial approval:** $1.11M
- **Forgiven:** $1.00M (91%)
- **Forgiveness date:** 11/04/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.11M
- **Jobs reported:** 34
## Lender
- **Originating:** Preferred Bank
- **Servicing:** Preferred Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*