# PPP loan: CWBC INC.
> **$212K** approved 02/05/2021 · Paid in Full · Loan `3500128405`
## Borrower
- **Name:** CWBC INC.
- **Address:** 166 W Pearson Rd, Lake Arthur, NM, 88253-9759
- **NAICS:** 111940
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $212K
- **Initial approval:** $212K
- **Forgiven:** $213K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $212K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Western Bank, Artesia, New Mexico
- **Servicing:** Western Bank, Artesia, New Mexico (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*