# PPP loan: WGM BUSINESS ENTERPRISES INC
> **$161K** approved 01/30/2021 · Charged Off · Loan `9437098304`
## Borrower
- **Name:** WGM BUSINESS ENTERPRISES INC
- **Address:** 2012 Railroad St, Corona, CA, 92878-5432
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $96K (59%)
- **Forgiveness date:** 07/06/2022
- **Status:** Charged Off
- **Term:** 42 months
## Use of funds
- **Payroll:** $161K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** Banc of California
- **Servicing:** Banc of California (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*