# PPP loan: UNDERWOOD FOODS INC.
> **$280K** approved 03/12/2021 · Paid in Full · Loan `9843788501`
## Borrower
- **Name:** UNDERWOOD FOODS INC.
- **Address:** 1938 Charlotte Ct, Florence, AL, 35630-6714
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $282K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $280K
- **Utilities:** $1
- **Jobs reported:** 65
## Lender
- **Originating:** First Metro Bank
- **Servicing:** First Metro Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*