# PPP loan: LEMKE & WHITTAKER, INC.
> **$508K** approved 04/07/2020 · Paid in Full · Loan `6978487001`
## Borrower
- **Name:** LEMKE & WHITTAKER, INC.
- **Address:** 5350 Airport Hwy, Suite 106, TOLEDO, OH, 43615-6813
- **NAICS:** 561320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $508K
- **Initial approval:** $508K
- **Forgiven:** $515K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $474K
- **Rent:** $23K
- **Mortgage interest:** $600
- **Utilities:** $10K
- **Jobs reported:** 15
## 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*