# PPP loan: WESTERN STATES CONVERTERS & TRANSMISSIONS INC.
> **$281K** approved 04/30/2020 · Paid in Full · Loan `7260457303`
## Borrower
- **Name:** WESTERN STATES CONVERTERS & TRANSMISSIONS INC.
- **Address:** 224 JASON CT, CORONA, CA, 92879-6101
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $281K
- **Initial approval:** $281K
- **Forgiven:** $284K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $271K
- **Jobs reported:** 20
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*