# PPP loan: WOLFF MOTORS HOLDINGS, INC.
> **$281K** approved 04/09/2020 · Paid in Full · Loan `9277367001`
## Borrower
- **Name:** WOLFF MOTORS HOLDINGS, INC.
- **Address:** 800 Highway 65 S 0.0, Mora, MN, 55051-1915
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $281K
- **Initial approval:** $281K
- **Forgiven:** $284K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $233K
- **Mortgage interest:** $30K
- **Utilities:** $2K
- **Health care:** $16K
- **Jobs reported:** 38
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*