# PPP loan: WEST COAST APPLIANCE SERVICE INC
> **$450K** approved 04/15/2020 · Paid in Full · Loan `9824197107`
## Borrower
- **Name:** WEST COAST APPLIANCE SERVICE INC
- **Address:** 1256 FAYETTE ST, EL CAJON, CA, 92020
- **NAICS:** 811412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $450K
- **Initial approval:** $450K
- **Forgiven:** $454K (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $408K
- **Rent:** $10K
- **Utilities:** $10K
- **Health care:** $22K
- **Jobs reported:** 37
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*