# PPP loan: WESTERN COLLOID S.C. INC.
> **$484K** approved 04/13/2020 · Paid in Full · Loan `5623327104`
## Borrower
- **Name:** WESTERN COLLOID S.C. INC.
- **Address:** 654 E 60th St, LOS ANGELES, CA, 90001-1012
- **NAICS:** 423330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $484K
- **Initial approval:** $484K
- **Forgiven:** $487K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $307K
- **Rent:** $51K
- **Utilities:** $30K
- **Health care:** $70K
- **Debt interest:** $25K
- **Jobs reported:** 21
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*