# PPP loan: WOODCO MACHINERY INC
> **$497K** approved 04/15/2020 · Paid in Full · Loan `1847167203`
## Borrower
- **Name:** WOODCO MACHINERY INC
- **Address:** 22 N MAPLE ST, WOBURN, MA, 01801-1707
- **NAICS:** 532412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $497K
- **Initial approval:** $1.02M
- **Forgiven:** $503K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $497K
- **Jobs reported:** 32
## Lender
- **Originating:** Berkshire Bank
- **Servicing:** Berkshire Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*