# PPP loan: ROLLIE WILLIAMS PAINT SPOT INC
> **$1.21M** approved 04/07/2020 · Paid in Full · Loan `7049587007`
## Borrower
- **Name:** ROLLIE WILLIAMS PAINT SPOT INC
- **Address:** 1179 KENT ST, ELKHART, IN, 46514-1741
- **NAICS:** 325510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.21M
- **Initial approval:** $1.21M
- **Forgiven:** $1.22M (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.21M
- **Jobs reported:** 89
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*