# PPP loan: UPWING ENERGY, INC.
> **$342K** approved 04/03/2020 · Paid in Full · Loan `4571647000`
## Borrower
- **Name:** UPWING ENERGY, INC.
- **Address:** 16323 SHOEMAKER AVE, CERRITOS, CA, 90703-2244
- **NAICS:** 335312
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $342K
- **Initial approval:** $342K
- **Forgiven:** $346K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $262K
- **Rent:** $20K
- **Health care:** $52K
- **Debt interest:** $8K
- **Jobs reported:** 14
## Lender
- **Originating:** GBC International Bank
- **Servicing:** GBC International Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*