# PPP loan: D.W.S. MACHINE, INC.
> **$239K** approved 04/15/2020 · Paid in Full · Loan `8869497102`
## Borrower
- **Name:** D.W.S. MACHINE, INC.
- **Address:** 112 GREENWAY DR, GADSDEN, AL, 35903-3806
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $239K
- **Initial approval:** $239K
- **Forgiven:** $241K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Mortgage interest:** $19K
- **Utilities:** $20K
- **Jobs reported:** 34
## Lender
- **Originating:** Peoples Bank of Alabama
- **Servicing:** Peoples Bank of Alabama (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*