# PPP loan: SPICELAND WOOD PRODUCTS
> **$183K** approved 04/27/2020 · Paid in Full · Loan `4581257201`
## Borrower
- **Name:** SPICELAND WOOD PRODUCTS
- **Address:** 609 South Pearl Street, SPICELAND, IN, 47385-9766
- **NAICS:** 321999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $183K
- **Initial approval:** $183K
- **Forgiven:** $184K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $146K
- **Rent:** $18K
- **Mortgage interest:** $18K
- **Jobs reported:** 21
## Lender
- **Originating:** Citizens State Bank of New Castle
- **Servicing:** Citizens State Bank of New Castle (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*