# PPP loan: WENCARTER INC
> **$1.05M** approved 04/04/2020 · Paid in Full · Loan `4838437007`
## Borrower
- **Name:** WENCARTER INC
- **Address:** 13560 DAVISBURG RD, DAVISBURG, MI, 48350-2314
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.05M
- **Initial approval:** $1.05M
- **Forgiven:** $1.06M (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $786K
- **Rent:** $115K
- **Mortgage interest:** $97K
- **Utilities:** $51K
- **Jobs reported:** 225
## Lender
- **Originating:** Waterford Bank, National Association
- **Servicing:** Waterford Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*