# PPP loan: WILES' RESTAURANTS, INC.
> **$1.51M** approved 04/04/2020 · Paid in Full · Loan `4888097010`
## Borrower
- **Name:** WILES' RESTAURANTS, INC.
- **Address:** 6330 RIVERSIDE PLAZA LN, ALBUQUERQUE, NM, 87120-2160
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.51M
- **Initial approval:** $1.46M
- **Forgiven:** $1.52M (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.14M
- **Rent:** $230K
- **Utilities:** $114K
- **Debt interest:** $20K
- **Jobs reported:** 312
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*