# PPP loan: TOWNE DRYWALL INC
> **$942K** approved 02/05/2021 · Paid in Full · Loan `4000578409`
## Borrower
- **Name:** TOWNE DRYWALL INC
- **Address:** 10612 Prospect Ave Ste 105, Santee, CA, 92071-8500
- **NAICS:** 238310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $942K
- **Initial approval:** $942K
- **Forgiven:** $951K (101%)
- **Forgiveness date:** 02/02/2022
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $942K
- **Jobs reported:** 117
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*