# PPP loan: J.B.K. WILSHIRE CORP.
> **$370K** approved 04/07/2020 · Paid in Full · Loan `7373727003`
## Borrower
- **Name:** J.B.K. WILSHIRE CORP.
- **Address:** 5115 WILSHIRE BLVD STE A, LOS ANGELES, CA, 90036-4344
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $370K
- **Initial approval:** $370K
- **Forgiven:** $375K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $280K
- **Rent:** $70K
- **Utilities:** $20K
- **Jobs reported:** 52
## Lender
- **Originating:** Open Bank
- **Servicing:** Open Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*