# PPP loan: WESTNEWS
> **$199K** approved 05/01/2020 · Charged Off · Loan `7276237704`
## Borrower
- **Name:** WESTNEWS
- **Address:** 1900 15TH ST E, LOS ANGELES, CA, 90021
- **NAICS:** 999990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $56K (28%)
- **Forgiveness date:** 01/19/2022
- **Status:** Charged Off
- **Term:** — months
## Use of funds
- **Payroll:** $199K
- **Jobs reported:** 31
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*