# PPP loan: PAYLESS WATER HEATERS & PLUMBING, INC.
> **$608K** approved 04/15/2020 · Paid in Full · Loan `9712357102`
## Borrower
- **Name:** PAYLESS WATER HEATERS & PLUMBING, INC.
- **Address:** 27919 Smyth Dr., VALENCIA, CA, 91355
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $608K
- **Initial approval:** $608K
- **Forgiven:** $611K (101%)
- **Forgiveness date:** 11/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $608K
- **Jobs reported:** 43
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*