# PPP loan: GADDIS INC.
> **$249K** approved 03/26/2021 · Paid in Full · Loan `1203758705`
## Borrower
- **Name:** GADDIS INC.
- **Address:** 386 Spanish Wells Rd Ste A1, Hilton Head, SC, 29926-1440
- **NAICS:** 339991
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $249K
- **Jobs reported:** 25
## Lender
- **Originating:** Ameris Bank
- **Servicing:** Ameris Bank (GA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*