# PPP loan: J.T. WIMSATT CONTRACTING CO., INC.
> **$6.87M** approved 04/27/2020 · Paid in Full · Loan `4854977201`
## Borrower
- **Name:** J.T. WIMSATT CONTRACTING CO., INC.
- **Address:** 28064 AVENUE STANFORD, Unit B, VALENCIA, CA, 91355-1160
- **NAICS:** 238110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.87M
- **Initial approval:** $6.87M
- **Forgiven:** $6.96M (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.87M
- **Jobs reported:** 235
## Lender
- **Originating:** Preferred Bank
- **Servicing:** Preferred Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*