# PPP loan: WORD MACHINERY INC.
> **$328K** approved 02/19/2021 · Paid in Full · Loan `1699328501`
## Borrower
- **Name:** WORD MACHINERY INC.
- **Address:** 585 W Willoughby Rd, Fayetteville, AR, 72701-7536
- **NAICS:** 334513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $332K (101%)
- **Forgiveness date:** 05/24/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $328K
- **Utilities:** $1
- **Jobs reported:** 191
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*