# PPP loan: W. LAY INC.
> **$686K** approved 04/10/2020 · Paid in Full · Loan `2222107103`
## Borrower
- **Name:** W. LAY INC.
- **Address:** 438 W Watkins Road, PHOENIX, AZ, 85003-2830
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $686K
- **Initial approval:** $686K
- **Forgiven:** $692K (101%)
- **Forgiveness date:** 04/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $686K
- **Jobs reported:** 33
## Lender
- **Originating:** Southwest Heritage Bank
- **Servicing:** Southwest Heritage Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*