# PPP loan: WP WHOLESALE SUPPLY INC
> **$444K** approved 04/30/2020 · Exemption 4 · Loan `5154017308`
## Borrower
- **Name:** WP WHOLESALE SUPPLY INC
- **Address:** 505 NEW JERSEY ST, REDLANDS, CA, 92373-6248
- **NAICS:** 423990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $444K
- **Initial approval:** $12K
- **Forgiven:** $45K (10%)
- **Forgiveness date:** 12/05/2022
- **Status:** Exemption 4
- **Term:** 120 months
## Use of funds
- **Payroll:** $444K
- **Jobs reported:** 7
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*