# PPP loan: WOOD EQUIPMENT SERVICE CO
> **$222K** approved 04/11/2020 · Paid in Full · Loan `3170377105`
## Borrower
- **Name:** WOOD EQUIPMENT SERVICE CO
- **Address:** 10540 Northlake Park Dr, ASHLAND, VA, 23005-8086
- **NAICS:** 333911
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $222K
- **Initial approval:** $222K
- **Forgiven:** $224K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $222K
- **Jobs reported:** 15
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*