# PPP loan: LA CUMBRE MUTUAL WATER COMPANY
> **$166K** approved 05/08/2020 · Charged Off · Loan `3866417407`
## Borrower
- **Name:** LA CUMBRE MUTUAL WATER COMPANY
- **Address:** 695 VIA TRANQUILA, SANTA BARBARA, CA, 93110
- **NAICS:** 221310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $166K
- **Initial approval:** $185K
- **Forgiven:** $143K (86%)
- **Forgiveness date:** 03/28/2022
- **Status:** Charged Off
- **Term:** 2 months
## Use of funds
- **Payroll:** $166K
- **Jobs reported:** 8
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*