# PPP loan: JM WOOD AUCTION CO., INC.
> **$355K** approved 04/08/2020 · Paid in Full · Loan `7812337007`
## Borrower
- **Name:** JM WOOD AUCTION CO., INC.
- **Address:** 3475 ASHLEY RD, MONTGOMERY, AL, 36108-3709
- **NAICS:** 423110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $355K
- **Initial approval:** $355K
- **Forgiven:** $358K (101%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $355K
- **Jobs reported:** 29
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*