# PPP loan: WOOLLEY TOOL, INC.
> **$691K** approved 04/07/2020 · Paid in Full · Loan `6597497000`
## Borrower
- **Name:** WOOLLEY TOOL, INC.
- **Address:** 3300 Industrial Blvd, KILGORE, TX, 75662-9347
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $691K
- **Initial approval:** $691K
- **Forgiven:** $696K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $567K
- **Rent:** $85K
- **Utilities:** $13K
- **Health care:** $26K
- **Jobs reported:** 41
## Lender
- **Originating:** Citizens Bank
- **Servicing:** Citizens Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*