# PPP loan: WAY SERVICE, LTD
> **$1.28M** approved 04/08/2020 · Paid in Full · Loan `8482447006`
## Borrower
- **Name:** WAY SERVICE, LTD
- **Address:** 5308 ASHBROOK DR, HOUSTON, TX, 77081-4102
- **NAICS:** 238220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.28M
- **Initial approval:** $1.28M
- **Forgiven:** $1.29M (101%)
- **Forgiveness date:** 02/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $958K
- **Mortgage interest:** $160K
- **Utilities:** $160K
- **Jobs reported:** 90
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*