# PPP loan: WETZEL INSURANCE AGENCY, INC
> **$200K** approved 04/13/2020 · Paid in Full · Loan `4764737108`
## Borrower
- **Name:** WETZEL INSURANCE AGENCY, INC
- **Address:** 1606 STATE ROAD 114 W, NORTH MANCHESTER, IN, 46962-1939
- **NAICS:** 523210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $177K
- **Rent:** $20K
- **Utilities:** $2K
- **Jobs reported:** 18
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*