# PPP loan: W B FOSSON & SONS INC
> **$1.00M** approved 04/13/2020 · Paid in Full · Loan `4363567104`
## Borrower
- **Name:** W B FOSSON & SONS INC
- **Address:** 3321 WINCHESTER AVE, ASHLAND, KY, 41101-2068
- **NAICS:** 237990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.00M
- **Initial approval:** $1.00M
- **Forgiven:** $1.01M (101%)
- **Forgiveness date:** 04/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $750K
- **Mortgage interest:** $200K
- **Utilities:** $50K
- **Jobs reported:** 61
## Lender
- **Originating:** City National Bank of West Virginia
- **Servicing:** City National Bank of West Virginia (WV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*