# PPP loan: WIBLE LUMBER, INC.
> **$400K** approved 04/06/2020 · Paid in Full · Loan `5733647009`
## Borrower
- **Name:** WIBLE LUMBER, INC.
- **Address:** 7155 S State Rd 3, SOUTH MILFORD, IN, 46786-0098
- **NAICS:** 321999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $400K
- **Initial approval:** $462K
- **Forgiven:** $403K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $328K
- **Mortgage interest:** $4K
- **Utilities:** $32K
- **Health care:** $36K
- **Jobs reported:** 40
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*