# PPP loan: WAH LAN CORPORATION
> **$197K** approved 04/30/2020 · Paid in Full · Loan `7193217300`
## Borrower
- **Name:** WAH LAN CORPORATION
- **Address:** 1570 US Highway 46, Woodland Park, NJ, 07424
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $197K
- **Initial approval:** $197K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $148K
- **Rent:** $25K
- **Utilities:** $25K
- **Jobs reported:** 34
## 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*