# PPP loan: WESTERN CAPITAL FINANCIAL SERVICES
> **$173K** approved 06/16/2020 · Charged Off · Loan `6635517910`
## Borrower
- **Name:** WESTERN CAPITAL FINANCIAL SERVICES
- **Address:** 21250 Hawthorne Boulevard, Torrance, CA, 90503-3567
- **NAICS:** 524210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Status:** Charged Off
- **Term:** 42 months
## Use of funds
- **Payroll:** $130K
- **Rent:** $22K
- **Utilities:** $22K
- **Jobs reported:** 9
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*