# PPP loan: ABSOLUTELY DRY BASEMENT WATERPROOFING INC
> **$172K** approved 04/14/2020 · Paid in Full · Loan `6824567107`
## Borrower
- **Name:** ABSOLUTELY DRY BASEMENT WATERPROOFING INC
- **Address:** 1922 S Stark, DAVENPORT, IA, 52802
- **NAICS:** 238110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 03/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Jobs reported:** 16
## Lender
- **Originating:** Quad City Bank and Trust Company
- **Servicing:** Quad City Bank and Trust Company (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*