# PPP loan: J W WERNTZ & SONS INCORPORATED
> **$368K** approved 04/29/2020 · Paid in Full · Loan `2241517310`
## Borrower
- **Name:** J W WERNTZ & SONS INCORPORATED
- **Address:** 1002 Kerr Street, South Bend, IN, 46601
- **NAICS:** 444130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $368K
- **Initial approval:** $368K
- **Forgiven:** $270K (73%)
- **Forgiveness date:** 11/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $368K
- **Jobs reported:** 44
## Lender
- **Originating:** 1st Source Bank
- **Servicing:** 1st Source Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*