# PPP loan: WESTECH INSPECTION INC
> **$247K** approved 04/29/2020 · Paid in Full · Loan `2622547301`
## Borrower
- **Name:** WESTECH INSPECTION INC
- **Address:** 11403 Camden Bay Court, Cypress, TX, 77433
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $203K
- **Rent:** $7K
- **Health care:** $37K
- **Jobs reported:** 16
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*