# PPP loan: WILLIS ENGINEERING, INC.
> **$247K** approved 04/05/2020 · Paid in Full · Loan `5378107005`
## Borrower
- **Name:** WILLIS ENGINEERING, INC.
- **Address:** 21410 N 19TH AVE, PHOENIX, AZ, 85027-2738
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $249K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $185K
- **Rent:** $31K
- **Health care:** $31K
- **Jobs reported:** 19
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*