# PPP loan: WILMINGTON SERVICE CORPORATION
> **$314K** approved 07/22/2020 · Paid in Full · Loan `6785968101`
## Borrower
- **Name:** WILMINGTON SERVICE CORPORATION
- **Address:** 2017 Carolina Beach Rd, Wilmington, NC, 28401
- **NAICS:** 454390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $314K
- **Initial approval:** $314K
- **Forgiven:** $317K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $314K
- **Jobs reported:** 21
## Lender
- **Originating:** Live Oak Banking Company
- **Servicing:** Live Oak Banking Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*