# PPP loan: DIRECT WHEEL INC
> **$184K** approved 06/30/2020 · Paid in Full · Loan `6780548007`
## Borrower
- **Name:** DIRECT WHEEL INC
- **Address:** 16057 E VALLEY BLVD, CITY OF INDUSTRY, CA, 91744-5424
- **NAICS:** 423120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $184K
- **Initial approval:** $184K
- **Forgiven:** $185K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $184K
- **Jobs reported:** 10
## Lender
- **Originating:** Cathay Bank
- **Servicing:** Cathay Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*