# PPP loan: W MACHINE WORKS INC.
> **$900K** approved 04/08/2020 · Paid in Full · Loan `7993787000`
## Borrower
- **Name:** W MACHINE WORKS INC.
- **Address:** 13814 DEL SUR ST, SAN FERNANDO, CA, 91340-3440
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $900K
- **Initial approval:** $900K
- **Forgiven:** $909K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $800K
- **Mortgage interest:** $45K
- **Utilities:** $55K
- **Jobs reported:** 61
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*