# PPP loan: WMC ENTERPRISES INC
> **$196K** approved 04/08/2020 · Paid in Full · Loan `7731197000`
## Borrower
- **Name:** WMC ENTERPRISES INC
- **Address:** 19 Main St, ELKINS, WV, 26241-3125
- **NAICS:** 621610
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $147K
- **Utilities:** $49K
- **Jobs reported:** 65
## Lender
- **Originating:** Citizens Bank of West Virginia, Inc
- **Servicing:** Citizens Bank of West Virginia, Inc (WV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*