# PPP loan: WALGATE CONSTRUCTION INC
> **$206K** approved 02/05/2021 · Paid in Full · Loan `3730538405`
## Borrower
- **Name:** WALGATE CONSTRUCTION INC
- **Address:** 2400 El Capitan Ave, Arcadia, CA, 91006-5113
- **NAICS:** 238310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $206K
- **Initial approval:** $206K
- **Forgiven:** $209K (101%)
- **Forgiveness date:** 08/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $206K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Bank of Hope
- **Servicing:** Bank of Hope (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*