# PPP loan: WEBB-MASON, INC.
> **$4.70M** approved 04/15/2020 · Paid in Full · Loan `1706177202`
## Borrower
- **Name:** WEBB-MASON, INC.
- **Address:** 10830 Gilroy Road, Hunt Valley, MD, 21031
- **NAICS:** 323111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.70M
- **Initial approval:** $4.70M
- **Forgiven:** $4.75M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.95M
- **Rent:** $400K
- **Utilities:** $50K
- **Health care:** $250K
- **Debt interest:** $50K
- **Jobs reported:** 298
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*