# PPP loan: MERLE A. WEBB & SONS, LPL
> **$358K** approved 04/15/2020 · Paid in Full · Loan `9116227102`
## Borrower
- **Name:** MERLE A. WEBB & SONS, LPL
- **Address:** 121 YELLOWSTONE DR, CHICO, CA, 95973-5811
- **NAICS:** 531311
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $358K
- **Initial approval:** $358K
- **Forgiven:** $360K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $288K
- **Rent:** $20K
- **Utilities:** $50K
- **Jobs reported:** 32
## Lender
- **Originating:** Five Star Bank
- **Servicing:** Five Star Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*