# PPP loan: RWC INC.
> **$1.48M** approved 01/21/2021 · Paid in Full · Loan `2859928302`
## Borrower
- **Name:** RWC INC.
- **Address:** 2105 S Euclid Ave, Bay City, MI, 48706-3409
- **NAICS:** 333517
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.48M
- **Initial approval:** $1.48M
- **Forgiven:** $1.49M (101%)
- **Forgiveness date:** 11/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.48M
- **Utilities:** $1
- **Jobs reported:** 69
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*