# PPP loan: WITCH EQUIPMENT CO. INC.
> **$481K** approved 04/08/2020 · Paid in Full · Loan `8745427003`
## Borrower
- **Name:** WITCH EQUIPMENT CO. INC.
- **Address:** 1901 E Loop 820 S 0.0, Fort Worth, TX, 76112-7802
- **NAICS:** 423810
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $481K
- **Initial approval:** $481K
- **Forgiven:** $486K (101%)
- **Forgiveness date:** 05/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $390K
- **Rent:** $38K
- **Mortgage interest:** $9K
- **Utilities:** $11K
- **Health care:** $33K
- **Jobs reported:** 32
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*