# PPP loan: DELTAHAWK ENGINES, INC.
> **$877K** approved 04/11/2020 · Paid in Full · Loan `2984637105`
## Borrower
- **Name:** DELTAHAWK ENGINES, INC.
- **Address:** 2300 SOUTH ST, RACINE, WI, 53404-1567
- **NAICS:** 336411
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $877K
- **Initial approval:** $877K
- **Forgiven:** $887K (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $658K
- **Mortgage interest:** $110K
- **Utilities:** $110K
- **Jobs reported:** 48
## Lender
- **Originating:** Johnson Bank
- **Servicing:** Johnson Bank (WI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*