# PPP loan: ISLE OF WIGHT FOREST PRODUCTS INC
> **$355K** approved 04/10/2020 · Paid in Full · Loan `2290817106`
## Borrower
- **Name:** ISLE OF WIGHT FOREST PRODUCTS INC
- **Address:** 21158 Lankford Lane, SMITHFIELD, VA, 23430-6236
- **NAICS:** 113310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $355K
- **Initial approval:** $355K
- **Forgiven:** $358K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $345K
- **Health care:** $10K
- **Jobs reported:** 30
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*