# PPP loan: WILMINGTON DEVELOPMENT COMPANY
> **$175K** approved 05/11/2020 · Paid in Full · Loan `4843157403`
## Borrower
- **Name:** WILMINGTON DEVELOPMENT COMPANY
- **Address:** 3013-A HALL WATERS DRIVE, WILMINGTON, NC, 28405
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $178K (101%)
- **Forgiveness date:** 09/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $175K
- **Jobs reported:** 110
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*