# PPP loan: GRADY-WHITE BOATS, INC.
> **$4.61M** approved 04/14/2020 · Paid in Full · Loan `6055507105`
## Borrower
- **Name:** GRADY-WHITE BOATS, INC.
- **Address:** 5121 MARTIN LUTHER KING JR HWY, GREENVILLE, NC, 27834-8613
- **NAICS:** 339999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.61M
- **Initial approval:** $4.61M
- **Forgiven:** $4.67M (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.61M
- **Jobs reported:** 321
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*