# PPP loan: WESTERN INDUSTRIAL TOOLING INC
> **$496K** approved 01/30/2021 · Charged Off · Loan `9169848307`
## Borrower
- **Name:** WESTERN INDUSTRIAL TOOLING INC
- **Address:** 14511 NE 87th St, Redmond, WA, 98052-3431
- **NAICS:** 424990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $496K
- **Initial approval:** $496K
- **Forgiven:** $339K (68%)
- **Forgiveness date:** 05/23/2022
- **Status:** Charged Off
- **Term:** 41 months
## Use of funds
- **Payroll:** $496K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Heritage Bank
- **Servicing:** Heritage Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*