# PPP loan: WINGFIELD ENGINEERING CO., INC
> **$671K** approved 04/04/2020 · Paid in Full · Loan `4911327006`
## Borrower
- **Name:** WINGFIELD ENGINEERING CO., INC
- **Address:** 110 ACADEMY ST, GOODWATER, AL, 35072-7902
- **NAICS:** 335999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $671K
- **Initial approval:** $671K
- **Forgiven:** $679K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $511K
- **Mortgage interest:** $70K
- **Utilities:** $30K
- **Health care:** $60K
- **Jobs reported:** 50
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*