# PPP loan: GRADY ELECTRIC INC
> **$321K** approved 03/13/2021 · Paid in Full · Loan `1615198601`
## Borrower
- **Name:** GRADY ELECTRIC INC
- **Address:** 34175 Lavery Canyon Rd, Agua Dulce, CA, 91390-2710
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $321K
- **Initial approval:** $321K
- **Forgiven:** $323K (101%)
- **Forgiveness date:** 09/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $321K
- **Jobs reported:** 25
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*