# PPP loan: WATCO INC.
> **$571K** approved 01/20/2021 · Paid in Full · Loan `1856638309`
## Borrower
- **Name:** WATCO INC.
- **Address:** 6830 W 135th St, Overland Park, KS, 66223-4804
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $571K
- **Initial approval:** $571K
- **Forgiven:** $575K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $571K
- **Utilities:** $1
- **Jobs reported:** 81
## Lender
- **Originating:** Exchange Bank and Trust
- **Servicing:** Exchange Bank and Trust (KS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*