# PPP loan: L.F. WRIGHT INC
> **$200K** approved 04/04/2020 · Paid in Full · Loan `4760527009`
## Borrower
- **Name:** L.F. WRIGHT INC
- **Address:** 115 E MADISON ST, PONTIAC, IL, 61764-1923
- **NAICS:** 442110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $179K
- **Rent:** $10K
- **Utilities:** $11K
- **Jobs reported:** 18
## Lender
- **Originating:** Bank of Pontiac
- **Servicing:** Bank of Pontiac (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*