# PPP loan: GADSDEN INDUSTRIAL DISTRIBUTERS INC.
> **$263K** approved 03/13/2021 · Paid in Full · Loan `2173018600`
## Borrower
- **Name:** GADSDEN INDUSTRIAL DISTRIBUTERS INC.
- **Address:** 192 Wiggins St, Rainbow City, AL, 35906-6710
- **NAICS:** 454390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $263K
- **Initial approval:** $263K
- **Forgiven:** $264K (101%)
- **Forgiveness date:** 09/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $263K
- **Jobs reported:** 20
## Lender
- **Originating:** Emblem Credit Union
- **Servicing:** Emblem Credit Union (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*