# PPP loan: NWEC NEVADA, INC.
> **$917K** approved 04/28/2020 · Paid in Full · Loan `6355977206`
## Borrower
- **Name:** NWEC NEVADA, INC.
- **Address:** 2612 Temple Heights Dr, OCEANSIDE, CA, 92056-3512
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $917K
- **Initial approval:** $917K
- **Forgiven:** $927K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $848K
- **Rent:** $18K
- **Utilities:** $4K
- **Health care:** $46K
- **Jobs reported:** 63
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*