# PPP loan: WEITS III, LLC
> **$250K** approved 04/14/2020 · Paid in Full · Loan `7805107108`
## Borrower
- **Name:** WEITS III, LLC
- **Address:** 165 Olympic Mountain Loop, GIRDWOOD, AK, 99587
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $188K
- **Mortgage interest:** $63K
- **Jobs reported:** 37
## Lender
- **Originating:** First National Bank Alaska
- **Servicing:** First National Bank Alaska (AK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*