# PPP loan: ABSOLUTELY DRY BASEMENT WATERPROOFING INC.
> **$188K** approved 03/13/2021 · Paid in Full · Loan `1594108607`
## Borrower
- **Name:** ABSOLUTELY DRY BASEMENT WATERPROOFING INC.
- **Address:** 1922 S Stark St, Davenport, IA, 52802-2429
- **NAICS:** 238110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $190K (101%)
- **Forgiveness date:** 04/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $188K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** Quad City Bank and Trust Company
- **Servicing:** Quad City Bank and Trust Company (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*