# PPP loan: LOCAL WISDOM INC.
> **$845K** approved 01/25/2021 · Paid in Full · Loan `5476938301`
## Borrower
- **Name:** LOCAL WISDOM INC.
- **Address:** 59 Van Lieus Rd, Ringoes, NJ, 08551-1315
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $845K
- **Initial approval:** $845K
- **Forgiven:** $851K (101%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $845K
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** Columbia Bank
- **Servicing:** Columbia Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*