# PPP loan: R P WEDDELL & SONS, CO.
> **$1.88M** approved 04/07/2020 · Paid in Full · Loan `7539037009`
## Borrower
- **Name:** R P WEDDELL & SONS, CO.
- **Address:** 4905 CAREY AVE, LAS VEGAS, NV, 89115-5531
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.88M
- **Initial approval:** $1.88M
- **Forgiven:** $1.90M (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.79M
- **Rent:** $18K
- **Utilities:** $8K
- **Debt interest:** $65K
- **Jobs reported:** 187
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*