# PPP loan: WM HB LLC
> **$246K** approved 06/12/2020 · Charged Off · Loan `2812207904`
## Borrower
- **Name:** WM HB LLC
- **Address:** 1809 Capetown Circle, Costa Mesa, CA, 92627
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $246K
- **Initial approval:** $246K
- **Forgiven:** $173K (70%)
- **Forgiveness date:** 10/07/2021
- **Status:** Charged Off
- **Term:** 35 months
## Use of funds
- **Payroll:** $222K
- **Rent:** $20K
- **Utilities:** $5K
- **Jobs reported:** 54
## 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*