# PPP loan: WANG THEATRE INC.
> **$454K** approved 04/08/2020 · Exemption 4 · Loan `8193437007`
## Borrower
- **Name:** WANG THEATRE INC.
- **Address:** 270 Tremont St, Boston, MA, 02116-5603
- **NAICS:** 711110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $454K
- **Initial approval:** $454K
- **Forgiven:** $158K (35%)
- **Forgiveness date:** 07/21/2021
- **Status:** Exemption 4
- **Term:** 24 months
## Use of funds
- **Payroll:** $280K
- **Rent:** $51K
- **Utilities:** $60K
- **Health care:** $63K
- **Jobs reported:** 125
## Lender
- **Originating:** CRF Small Business Loan Company, LLC
- **Servicing:** CRF Small Business Loan Company, LLC (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*