# PPP loan: WCBM INC
> **$250K** approved 03/12/2021 · Exemption 4 · Loan `9998558507`
## Borrower
- **Name:** WCBM INC
- **Address:** 1163 Morena Blvd, San Diego, CA, 92110-3812
- **NAICS:** 722410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $251K (100%)
- **Forgiveness date:** 04/19/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $250K
- **Utilities:** $1
- **Jobs reported:** 3
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*