# PPP loan: GADSDEN CULTURAL ARTS FOUNDATION INC
> **$162K** approved 04/07/2020 · Paid in Full · Loan `6925977002`
## Borrower
- **Name:** GADSDEN CULTURAL ARTS FOUNDATION INC
- **Address:** 501 BROAD ST, GADSDEN, AL, 35901-3719
- **NAICS:** 711310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $162K
- **Jobs reported:** 24
## Lender
- **Originating:** The Exchange Bank of Alabama
- **Servicing:** The Exchange Bank of Alabama (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*