# PPP loan: WESTCAP CORP
> **$238K** approved 02/27/2021 · Paid in Full · Loan `5200048500`
## Borrower
- **Name:** WESTCAP CORP
- **Address:** 9960 Irvine Center Dr, Irvine, CA, 92618-4357
- **NAICS:** 522291
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $238K
- **Initial approval:** $238K
- **Forgiven:** $239K (100%)
- **Forgiveness date:** 08/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $238K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Mortgage Capital Development Corporation
- **Servicing:** Mortgage Capital Development Corporation (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*