# PPP loan: W DOUGLASS DISTRIBUTING LTD
> **$1.22M** approved 03/18/2021 · Paid in Full · Loan `4185728608`
## Borrower
- **Name:** W DOUGLASS DISTRIBUTING LTD
- **Address:** 325 E Forest Ave, Sherman, TX, 75090-8832
- **NAICS:** 424710
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.22M
- **Initial approval:** $1.22M
- **Forgiven:** $1.23M (101%)
- **Forgiveness date:** 02/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.22M
- **Jobs reported:** 106
## Lender
- **Originating:** First United Bank and Trust Company
- **Servicing:** First United Bank and Trust Company (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*