# PPP loan: WINCH & WRENCH, INC.
> **$588K** approved 04/14/2020 · Paid in Full · Loan `7116377102`
## Borrower
- **Name:** WINCH & WRENCH, INC.
- **Address:** P O Box 12787, ODESSA, TX, 79768-2787
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $588K
- **Initial approval:** $588K
- **Forgiven:** $595K (101%)
- **Forgiveness date:** 07/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $473K
- **Rent:** $55K
- **Mortgage interest:** $2K
- **Utilities:** $12K
- **Health care:** $45K
- **Debt interest:** $1K
- **Jobs reported:** 29
## Lender
- **Originating:** Tejas Bank
- **Servicing:** Tejas Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*