# PPP loan: SOUTHWOOD LUMBER & PALLET, INC.
> **$705K** approved 04/08/2020 · Paid in Full · Loan `8224837002`
## Borrower
- **Name:** SOUTHWOOD LUMBER & PALLET, INC.
- **Address:** 8849 LINCOLN WAY E, ORRVILLE, OH, 44667-9335
- **NAICS:** 321999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $705K
- **Initial approval:** $705K
- **Forgiven:** $709K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $705K
- **Jobs reported:** 65
## Lender
- **Originating:** Main Street Bank Corp
- **Servicing:** Main Street Bank Corp (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*