# PPP loan: CLASSIC WIRE CUT COMPANY INC.
> **$2.00M** approved 01/25/2021 · Paid in Full · Loan `5200198303`
## Borrower
- **Name:** CLASSIC WIRE CUT COMPANY INC.
- **Address:** 28210 Constellation Rd, Valencia, CA, 91355-5000
- **NAICS:** 339112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.01M (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Jobs reported:** 136
## Lender
- **Originating:** Bank of Santa Clarita, A Division of California Bank of Commerce, NA
- **Servicing:** California Bank of Commerce, NA (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*