# PPP loan: K&W FUELING SYSTEMS INC
> **$325K** approved 04/13/2020 · Paid in Full · Loan `4363087102`
## Borrower
- **Name:** K&W FUELING SYSTEMS INC
- **Address:** 1537 S 275 W, RUSHVILLE, IN, 46173-7342
- **NAICS:** 454310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $325K
- **Initial approval:** $325K
- **Forgiven:** $328K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $308K
- **Rent:** $8K
- **Mortgage interest:** $7K
- **Utilities:** $2K
- **Jobs reported:** 28
## Lender
- **Originating:** Citizens State Bank of New Castle
- **Servicing:** Citizens State Bank of New Castle (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*