# PPP loan: LEAR WEST, INC.
> **$1.01M** approved 05/01/2020 · Exemption 4 · Loan `6376387706`
## Borrower
- **Name:** LEAR WEST, INC.
- **Address:** 5980 S COOPER RD STE 3, CHANDLER, AZ, 85249-5394
- **NAICS:** 237120
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.01M
- **Initial approval:** $1.01M
- **Forgiven:** $707K (70%)
- **Forgiveness date:** 10/18/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.01M
- **Jobs reported:** 38
## 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*