# PPP loan: WOCHIT INC.
> **$239K** approved 04/27/2020 · Paid in Full · Loan `6319547209`
## Borrower
- **Name:** WOCHIT INC.
- **Address:** 12 East 33rd St, New York, NY, 10016
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $239K
- **Initial approval:** $239K
- **Forgiven:** $231K (97%)
- **Forgiveness date:** 11/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $195K
- **Mortgage interest:** $28K
- **Utilities:** $16K
- **Jobs reported:** 12
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*