# PPP loan: WOOD ELECTRIC INC.
> **$974K** approved 04/14/2021 · Paid in Full · Loan `3189798806`
## Borrower
- **Name:** WOOD ELECTRIC INC.
- **Address:** 210 11th St NW, New Philadelphia, OH, 44663-1510
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $974K
- **Initial approval:** $974K
- **Forgiven:** $977K (100%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $974K
- **Jobs reported:** 42
## Lender
- **Originating:** First Federal Community Bank National Association
- **Servicing:** First Federal Community Bank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*