# PPP loan: WRIGHT MANUFACTURING INC
> **$2.00M** approved 04/15/2020 · Paid in Full · Loan `8508177105`
## Borrower
- **Name:** WRIGHT MANUFACTURING INC
- **Address:** 4600 Wedgewood Boulevard Suite X, Frederick, MD, 21703
- **NAICS:** 333112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.02M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.64M
- **Rent:** $154K
- **Utilities:** $48K
- **Health care:** $143K
- **Debt interest:** $10K
- **Jobs reported:** 149
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*