# PPP loan: THE WHEEL AND TIRE CLUB INC
> **$473K** approved 05/01/2020 · Charged Off · Loan `5890077705`
## Borrower
- **Name:** THE WHEEL AND TIRE CLUB INC
- **Address:** 1301 BURTON ST, FULLERTON, CA, 92831-5212
- **NAICS:** 331110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $473K
- **Initial approval:** $473K
- **Forgiven:** $366K (77%)
- **Forgiveness date:** 04/07/2022
- **Status:** Charged Off
- **Term:** 31 months
## Use of funds
- **Payroll:** $473K
- **Jobs reported:** 30
## 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*