# PPP loan: THE WORTH COMPANY
> **$597K** approved 04/07/2020 · Paid in Full · Loan `7315267009`
## Borrower
- **Name:** THE WORTH COMPANY
- **Address:** 214 Sherman Avenue, STEVENS POINT, WI, 54481-5847
- **NAICS:** 332313
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $597K
- **Initial approval:** $597K
- **Forgiven:** $602K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $539K
- **Mortgage interest:** $29K
- **Utilities:** $29K
- **Jobs reported:** 64
## Lender
- **Originating:** WoodTrust Bank
- **Servicing:** WoodTrust Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*