# PPP loan: WITT BUILDING MATERIAL COMPANY, INCORPORATED
> **$325K** approved 04/27/2020 · Paid in Full · Loan `5924687209`
## Borrower
- **Name:** WITT BUILDING MATERIAL COMPANY, INCORPORATED
- **Address:** 1242 WEISGARBER RD, KNOXVILLE, TN, 37909-2645
- **NAICS:** 444110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $325K
- **Initial approval:** $325K
- **Forgiven:** $327K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $269K
- **Rent:** $19K
- **Utilities:** $17K
- **Health care:** $20K
- **Jobs reported:** 47
## Lender
- **Originating:** TNBANK
- **Servicing:** TNBANK (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*