# PPP loan: WOODY FOLSOM AUTO GROUP, INC.
> **$766K** approved 04/08/2020 · Paid in Full · Loan `7966187002`
## Borrower
- **Name:** WOODY FOLSOM AUTO GROUP, INC.
- **Address:** 1749 GOLDEN ISLE PKWY, BAXLEY, GA, 31513-9087
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $766K
- **Initial approval:** $766K
- **Forgiven:** $774K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $675K
- **Mortgage interest:** $39K
- **Utilities:** $27K
- **Health care:** $25K
- **Jobs reported:** 92
## Lender
- **Originating:** Pineland Bank
- **Servicing:** Pineland Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*