# PPP loan: WOLVERINE DISTRIBUTION LLC
> **$245K** approved 05/01/2020 · Charged Off · Loan `5726487708`
## Borrower
- **Name:** WOLVERINE DISTRIBUTION LLC
- **Address:** 2402 HONEYBELL LN, ESCONDIDO, CA, 92027-1848
- **NAICS:** 424990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $213K (87%)
- **Forgiveness date:** 05/19/2021
- **Status:** Charged Off
- **Term:** 3 months
## Use of funds
- **Payroll:** $245K
- **Jobs reported:** 68
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*