# PPP loan: WARD-TEK CONSTRUCTIONS, INC
> **$164K** approved 04/11/2020 · Paid in Full · Loan `3178997108`
## Borrower
- **Name:** WARD-TEK CONSTRUCTIONS, INC
- **Address:** 424 W ROWLAND AVE, SANTA ANA, CA, 92707-3438
- **NAICS:** 236117
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $166K (101%)
- **Forgiveness date:** 08/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $131K
- **Rent:** $30K
- **Utilities:** $3K
- **Jobs reported:** 7
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*