# PPP loan: WATERTOWN PLASTICS INC
> **$203K** approved 02/05/2021 · Paid in Full · Loan `3779988401`
## Borrower
- **Name:** WATERTOWN PLASTICS INC
- **Address:** 830 Echo Lake Rd, Watertown, CT, 06795-1636
- **NAICS:** 326199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $203K
- **Initial approval:** $203K
- **Forgiven:** $205K (101%)
- **Forgiveness date:** 05/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $203K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** Newtown Savings Bank
- **Servicing:** Newtown Savings Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*