# PPP loan: MY FRIEND WILLIAM INCORPORATED
> **$427K** approved 02/09/2021 · Paid in Full · Loan `5929278406`
## Borrower
- **Name:** MY FRIEND WILLIAM INCORPORATED
- **Address:** 2608 Portola Way, Sacramento, CA, 95818-3532
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $427K
- **Initial approval:** $427K
- **Forgiven:** $432K (101%)
- **Forgiveness date:** 05/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $427K
- **Utilities:** $1
- **Jobs reported:** 58
## Lender
- **Originating:** Farmers & Merchants Bank of Long Beach
- **Servicing:** Farmers & Merchants Bank of Long Beach (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*