# PPP loan: WITCO INC
> **$682K** approved 04/15/2020 · Paid in Full · Loan `1976917210`
## Borrower
- **Name:** WITCO INC
- **Address:** 2220 Lakeside Dr, LYNCHBURG, VA, 24501
- **NAICS:** 447110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $682K
- **Initial approval:** $682K
- **Forgiven:** $688K (101%)
- **Forgiveness date:** 03/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $682K
- **Jobs reported:** 137
## Lender
- **Originating:** Bank of the James
- **Servicing:** Bank of the James (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*