# PPP loan: SOUTHWOOD LUMBER & PALLET, INC.
> **$736K** approved 01/16/2021 · Paid in Full · Loan `1259208300`
## Borrower
- **Name:** SOUTHWOOD LUMBER & PALLET, INC.
- **Address:** 8849 Lincoln Way E, Orrville, OH, 44667-9335
- **NAICS:** 321920
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $736K
- **Initial approval:** $736K
- **Forgiven:** $739K (100%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $736K
- **Utilities:** $1
- **Jobs reported:** 73
## Lender
- **Originating:** Main Street Bank Corp
- **Servicing:** Main Street Bank Corp (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*