# PPP loan: WALTON CONSTRUCTION INC.
> **$1.23M** approved 04/08/2020 · Paid in Full · Loan `8296477000`
## Borrower
- **Name:** WALTON CONSTRUCTION INC.
- **Address:** 358 E FOOTHILL BLVD STE 100, SAN DIMAS, CA, 91773-1204
- **NAICS:** 236116
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.23M
- **Initial approval:** $1.23M
- **Forgiven:** $1.24M (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.09M
- **Rent:** $38K
- **Utilities:** $10K
- **Health care:** $91K
- **Debt interest:** $4K
- **Jobs reported:** 91
## 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*