# PPP loan: WADY INDUSTRIES, INC
> **$251K** approved 04/06/2020 · Paid in Full · Loan `6057907002`
## Borrower
- **Name:** WADY INDUSTRIES, INC
- **Address:** 510 E GROVE ST, MAQUOKETA, IA, 52060-2400
- **NAICS:** 331221
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $251K
- **Initial approval:** $251K
- **Forgiven:** $253K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $251K
- **Jobs reported:** 26
## Lender
- **Originating:** Maquoketa State Bank
- **Servicing:** Maquoketa State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*