# PPP loan: THE WOOD SMITHS INC
> **$190K** approved 01/16/2021 · Paid in Full · Loan `1262788300`
## Borrower
- **Name:** THE WOOD SMITHS INC
- **Address:** 1180 S 8th St, Kalamazoo, MI, 49009-9327
- **NAICS:** 337110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $190K
- **Initial approval:** $190K
- **Forgiven:** $192K (101%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $190K
- **Jobs reported:** 15
## Lender
- **Originating:** Southern Michigan Bank & Trust
- **Servicing:** Southern Michigan Bank & Trust (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*