# PPP loan: WAADT APPLIANCES, INC.
> **$214K** approved 04/13/2020 · Paid in Full · Loan `4703887103`
## Borrower
- **Name:** WAADT APPLIANCES, INC.
- **Address:** 16919 Sherman Way, VAN NUYS, CA, 91406-3614
- **NAICS:** 443141
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $214K
- **Initial approval:** $214K
- **Forgiven:** $216K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $169K
- **Rent:** $20K
- **Utilities:** $7K
- **Health care:** $18K
- **Jobs reported:** 16
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*