# PPP loan: YODER MACHINERY SALES CO.
> **$292K** approved 04/07/2020 · Paid in Full · Loan `7402847004`
## Borrower
- **Name:** YODER MACHINERY SALES CO.
- **Address:** 1500 HOLLOWAY RD, HOLLAND, OH, 43528-9542
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $292K
- **Initial approval:** $292K
- **Forgiven:** $295K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $270K
- **Mortgage interest:** $2K
- **Utilities:** $20K
- **Jobs reported:** 23
## Lender
- **Originating:** Waterford Bank, National Association
- **Servicing:** Waterford Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*