# PPP loan: WALTERS CONTROLS, INC.
> **$256K** approved 04/12/2020 · Paid in Full · Loan `4129167104`
## Borrower
- **Name:** WALTERS CONTROLS, INC.
- **Address:** 4916 OAK CIRCLE DR. N., MOBILE, AL, 36609-4251
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $256K
- **Initial approval:** $256K
- **Forgiven:** $259K (101%)
- **Forgiveness date:** 02/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $256K
- **Jobs reported:** 17
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*