# PPP loan: E M WOOD CONSTRUCTION INC.
> **$215K** approved 04/14/2020 · Paid in Full · Loan `7407627105`
## Borrower
- **Name:** E M WOOD CONSTRUCTION INC.
- **Address:** 38 Wiscasset Road PO Box 394, BOOTHBAY, ME, 04537
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $215K
- **Initial approval:** $215K
- **Forgiven:** $217K (101%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $161K
- **Rent:** $27K
- **Utilities:** $27K
- **Jobs reported:** 17
## Lender
- **Originating:** First National Bank
- **Servicing:** First National Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*