# PPP loan: DADSON LAUNDRY, INC.
> **$354K** approved 04/11/2020 · Paid in Full · Loan `2945877104`
## Borrower
- **Name:** DADSON LAUNDRY, INC.
- **Address:** 5511 WEST ADAMS, Los Angeles, CA, 90016
- **NAICS:** 812310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $354K
- **Initial approval:** $354K
- **Forgiven:** $357K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $354K
- **Jobs reported:** 29
## Lender
- **Originating:** MidFirst Bank
- **Servicing:** MidFirst Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*