# PPP loan: STROUD INDUSTRIES, INC.
> **$187K** approved 04/28/2020 · Paid in Full · Loan `7727047205`
## Borrower
- **Name:** STROUD INDUSTRIES, INC.
- **Address:** 427 8TH ST, MACON, GA, 31201-3503
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $187K
- **Initial approval:** $187K
- **Forgiven:** $190K (101%)
- **Forgiveness date:** 09/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $177K
- **Mortgage interest:** $8K
- **Utilities:** $2K
- **Jobs reported:** 15
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Cadence Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*