# PPP loan: ANGOLA WIRE PRODUCTS, INC.
> **$1.99M** approved 05/01/2020 · Paid in Full · Loan `2589047704`
## Borrower
- **Name:** ANGOLA WIRE PRODUCTS, INC.
- **Address:** 803 WOHLERT ST, ANGOLA, IN, 46703
- **NAICS:** 332812
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.99M
- **Initial approval:** $1.99M
- **Forgiven:** $2.01M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.45M
- **Rent:** $69K
- **Utilities:** $80K
- **Health care:** $398K
- **Jobs reported:** 173
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*