# PPP loan: L&W ENGINEERING INC.
> **$2.41M** approved 04/10/2020 · Paid in Full · Loan `1829417104`
## Borrower
- **Name:** L&W ENGINEERING INC.
- **Address:** 107 Industrial Parkway East 0.0, Middlebury, IN, 46540-8511
- **NAICS:** 332312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.41M
- **Initial approval:** $2.41M
- **Forgiven:** $2.44M (101%)
- **Forgiveness date:** 08/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.92M
- **Utilities:** $195K
- **Health care:** $286K
- **Jobs reported:** 274
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*