# PPP loan: WESTEX GROUP INC
> **$175K** approved 05/11/2020 · Paid in Full · Loan `4735347404`
## Borrower
- **Name:** WESTEX GROUP INC
- **Address:** 20 Courthouse Sq,  219, Rockville, MD, 20850
- **NAICS:** 812990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $131K
- **Utilities:** $44K
- **Jobs reported:** 12
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*