# PPP loan: TOM SANCHEZ CONSTRUCTION
> **$184K** approved 05/03/2020 · Charged Off · Loan `9953797302`
## Borrower
- **Name:** TOM SANCHEZ CONSTRUCTION
- **Address:** 530 SPECTRUM CIRCLE, OXNARD, CA, 93030
- **NAICS:** 236118
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $184K
- **Initial approval:** $184K
- **Forgiven:** $20K (11%)
- **Forgiveness date:** 08/23/2022
- **Status:** Charged Off
- **Term:** 7 months
## Use of funds
- **Payroll:** $184K
- **Jobs reported:** 11
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*