# PPP loan: WENDY'S OF WESTERN VIRGINIA, INC.
> **$1.25M** approved 04/04/2020 · Paid in Full · Loan `5049527001`
## Borrower
- **Name:** WENDY'S OF WESTERN VIRGINIA, INC.
- **Address:** 5010 CELL TOWER DR, ROANOKE, VA, 24018-5000
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Forgiven:** $1.26M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $997K
- **Rent:** $125K
- **Mortgage interest:** $125K
- **Jobs reported:** 32
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*