# PPP loan: W. L. GARY COMPANY, INCORPORATED
> **$3.15M** approved 04/15/2020 · Paid in Full · Loan `9725107107`
## Borrower
- **Name:** W. L. GARY COMPANY, INCORPORATED
- **Address:** 225 Vine Street Northwest, Washington, DC, 20012
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.15M
- **Initial approval:** $3.15M
- **Forgiven:** $3.19M (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.75M
- **Rent:** $37K
- **Utilities:** $10K
- **Health care:** $350K
- **Debt interest:** $4K
- **Jobs reported:** 163
## 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*