# PPP loan: WOOD PRODUCTS INC
> **$855K** approved 01/19/2021 · Paid in Full · Loan `1623038305`
## Borrower
- **Name:** WOOD PRODUCTS INC
- **Address:** 1002 S 46th St, Grand Forks, ND, 58201-3838
- **NAICS:** 321211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $855K
- **Initial approval:** $855K
- **Forgiven:** $860K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $855K
- **Utilities:** $1
- **Jobs reported:** 113
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*