# PPP loan: WILMINGTON MACHINERY INCORPORATED
> **$272K** approved 03/13/2021 · Paid in Full · Loan `2258928601`
## Borrower
- **Name:** WILMINGTON MACHINERY INCORPORATED
- **Address:** 4628 Northchase Pkwy NE, Wilmington, NC, 28405-7487
- **NAICS:** 333993
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $272K
- **Initial approval:** $272K
- **Forgiven:** $274K (101%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $272K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*