# PPP loan: W. K. MCLELLAN CO.
> **$563K** approved 04/13/2020 · Paid in Full · Loan `5202347101`
## Borrower
- **Name:** W. K. MCLELLAN CO.
- **Address:** 254 SEARS POINT RD, PETALUMA, CA, 94954-9540
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $563K
- **Initial approval:** $563K
- **Forgiven:** $570K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $500K
- **Mortgage interest:** $50K
- **Utilities:** $13K
- **Jobs reported:** 22
## Lender
- **Originating:** Summit State Bank
- **Servicing:** Summit State Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*