# PPP loan: WORLD WRAPPS II, INC.
> **$334K** approved 04/12/2020 · Paid in Full · Loan `3978367105`
## Borrower
- **Name:** WORLD WRAPPS II, INC.
- **Address:** 145 CORTE MADERA TOWN CTR Suite 460, CORTE MADERA, CA, 94925-1285
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $334K
- **Initial approval:** $334K
- **Forgiven:** $338K (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $242K
- **Rent:** $51K
- **Utilities:** $17K
- **Health care:** $24K
- **Jobs reported:** 49
## 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*