# PPP loan: WHIPP SALES AND SERVICE, INC
> **$293K** approved 04/07/2020 · Paid in Full · Loan `7314857007`
## Borrower
- **Name:** WHIPP SALES AND SERVICE, INC
- **Address:** 701 S 8th St, CLARINDA, IA, 51632-2808
- **NAICS:** 423820
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $293K
- **Initial approval:** $293K
- **Forgiven:** $295K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $266K
- **Rent:** $22K
- **Utilities:** $5K
- **Jobs reported:** 20
## Lender
- **Originating:** PCSB Bank
- **Servicing:** PCSB Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*