# PPP loan: WISMER DISTRIBUTING COMPANY
> **$1.53M** approved 04/10/2020 · Paid in Full · Loan `1308167106`
## Borrower
- **Name:** WISMER DISTRIBUTING COMPANY
- **Address:** 13827 I 10 East  Mont, Belvieu, TX, 77523-1011
- **NAICS:** 424810
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.53M
- **Initial approval:** $1.53M
- **Forgiven:** $1.55M (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.53M
- **Jobs reported:** 103
## Lender
- **Originating:** Stellar Bank
- **Servicing:** Stellar Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*