# PPP loan: WATKINS VETERINARY CLINIC, P.A.
> **$400K** approved 04/08/2020 · Paid in Full · Loan `8725307005`
## Borrower
- **Name:** WATKINS VETERINARY CLINIC, P.A.
- **Address:** 905 HWY 15 S, HUTCHINSON, MN, 55350-3117
- **NAICS:** 541940
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $400K
- **Initial approval:** $400K
- **Forgiven:** $403K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $344K
- **Utilities:** $4K
- **Health care:** $22K
- **Debt interest:** $30K
- **Jobs reported:** 40
## Lender
- **Originating:** MidCountry Bank
- **Servicing:** MidCountry Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*