# PPP loan: JAMES A. WHEAT & SONS, INC.
> **$444K** approved 04/14/2020 · Paid in Full · Loan `7965797104`
## Borrower
- **Name:** JAMES A. WHEAT & SONS, INC.
- **Address:** 7834 Beechcraft Ave, GAITHERSBURG, MD, 20879
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $444K
- **Initial approval:** $444K
- **Forgiven:** $450K (101%)
- **Forgiveness date:** 09/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $333K
- **Utilities:** $111K
- **Jobs reported:** 45
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*