# PPP loan: WOOD'S POWR-GRIP CO., INC.
> **$1.50M** approved 01/16/2021 · Paid in Full · Loan `1159088304`
## Borrower
- **Name:** WOOD'S POWR-GRIP CO., INC.
- **Address:** 908 W Main St, Laurel, MT, 59044-2638
- **NAICS:** 339999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.50M
- **Initial approval:** $1.50M
- **Forgiven:** $1.51M (101%)
- **Forgiveness date:** 11/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.50M
- **Utilities:** $1
- **Jobs reported:** 135
## Lender
- **Originating:** The Yellowstone Bank
- **Servicing:** The Yellowstone Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*