# PPP loan: TOUR WEST AMERICA, INC.
> **$272K** approved 05/06/2020 · Exemption 4 · Loan `2686997404`
## Borrower
- **Name:** TOUR WEST AMERICA, INC.
- **Address:** 4256 E ELWOOD ST, PHOENIX, AZ, 85040-1924
- **NAICS:** 485510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $272K
- **Initial approval:** $272K
- **Forgiven:** $143K (52%)
- **Forgiveness date:** 06/17/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $204K
- **Rent:** $68K
- **Jobs reported:** 46
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*