# PPP loan: WILSHIRE BENEFITS GROUP, INC.
> **$392K** approved 04/05/2020 · Paid in Full · Loan `5224377002`
## Borrower
- **Name:** WILSHIRE BENEFITS GROUP, INC.
- **Address:** 901 WILSHIRE DR, TROY, MI, 48084-1629
- **NAICS:** 524292
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $392K
- **Initial approval:** $392K
- **Forgiven:** $395K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $392K
- **Jobs reported:** 24
## Lender
- **Originating:** The State Bank
- **Servicing:** The State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*