# PPP loan: WOODMERE ELECTRIC & COMMUNICATIONS INC.
> **$427K** approved 04/10/2020 · Paid in Full · Loan `1167307106`
## Borrower
- **Name:** WOODMERE ELECTRIC & COMMUNICATIONS INC.
- **Address:** 123 RAILSTONE DR, SOUTHBURY, CT, 06488-2458
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $427K
- **Initial approval:** $263K
- **Forgiven:** $431K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $427K
- **Jobs reported:** 19
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*