# PPP loan: WINTEC ARROWMAKER, INC
> **$1.55M** approved 04/27/2020 · Paid in Full · Loan `3989497202`
## Borrower
- **Name:** WINTEC ARROWMAKER, INC
- **Address:** 12821 Old Fort Rd Suite 302, Fort Washington, MD, 20744
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.55M
- **Initial approval:** $1.87M
- **Forgiven:** $1.57M (102%)
- **Forgiveness date:** 11/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.41M
- **Rent:** $58K
- **Utilities:** $7K
- **Health care:** $65K
- **Debt interest:** $6K
- **Jobs reported:** 76
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*