# PPP loan: WOODRUM AUTOMOTIVE INC
> **$304K** approved 02/19/2021 · Paid in Full · Loan `1850858500`
## Borrower
- **Name:** WOODRUM AUTOMOTIVE INC
- **Address:** 3100 E Jackson St, Macomb, IL, 61455-7500
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $304K
- **Initial approval:** $304K
- **Forgiven:** $305K (101%)
- **Forgiveness date:** 09/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $304K
- **Utilities:** $1
- **Jobs reported:** 41
## Lender
- **Originating:** MidAmerica National Bank
- **Servicing:** MidAmerica National Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*