# PPP loan: WEICO WIRE & CABLE INC.
> **$312K** approved 08/03/2020 · Paid in Full · Loan `2776548202`
## Borrower
- **Name:** WEICO WIRE & CABLE INC.
- **Address:** 161 Rodeo Drive, Edgewood, NY, 11717
- **NAICS:** 335929
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $312K
- **Initial approval:** $312K
- **Forgiven:** $313K (100%)
- **Forgiveness date:** 01/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $312K
- **Jobs reported:** 16
## Lender
- **Originating:** Flagstar Bank National Association
- **Servicing:** Flagstar Bank National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*