# PPP loan: WINFIELD RUBBER MFG CO INC
> **$348K** approved 04/05/2020 · Paid in Full · Loan `5458197010`
## Borrower
- **Name:** WINFIELD RUBBER MFG CO INC
- **Address:** PO BOX 1768, WINFIELD, AL, 35594-1418
- **NAICS:** 325212
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $348K
- **Initial approval:** $348K
- **Forgiven:** $350K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $278K
- **Mortgage interest:** $20K
- **Utilities:** $50K
- **Jobs reported:** 34
## Lender
- **Originating:** State Bank & Trust
- **Servicing:** State Bank & Trust (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*