# PPP loan: W.S.BALKHI ENTERPRISES
> **$403K** approved 04/27/2020 · Paid in Full · Loan `5504947208`
## Borrower
- **Name:** W.S.BALKHI ENTERPRISES
- **Address:** 5041 Paddock Place, Rancho Cucamonga, CA, 91737
- **NAICS:** 722310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $403K
- **Initial approval:** $403K
- **Forgiven:** $407K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $323K
- **Rent:** $58K
- **Mortgage interest:** $6K
- **Utilities:** $10K
- **Health care:** $6K
- **Jobs reported:** 93
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*