# PPP loan: WADLEIGH INDUSTRIES, INC.
> **$672K** approved 04/12/2020 · Paid in Full · Loan `3977207101`
## Borrower
- **Name:** WADLEIGH INDUSTRIES, INC.
- **Address:** PO Box 1843, COVINGTON, LA, 70434
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $672K
- **Initial approval:** $672K
- **Forgiven:** $677K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $504K
- **Utilities:** $168K
- **Jobs reported:** 46
## Lender
- **Originating:** Gulf Coast Bank and Trust Company
- **Servicing:** Gulf Coast Bank and Trust Company (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*