# PPP loan: WOODY MOTOR COMPANY INC
> **$284K** approved 04/06/2020 · Paid in Full · Loan `5761497009`
## Borrower
- **Name:** WOODY MOTOR COMPANY INC
- **Address:** 201 South Second, MADILL, OK, 73446
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $284K
- **Initial approval:** $284K
- **Forgiven:** $286K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $255K
- **Utilities:** $28K
- **Jobs reported:** 42
## Lender
- **Originating:** First National Bank and Trust Company of Ardmore
- **Servicing:** First National Bank and Trust Company of Ardmore (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*