# PPP loan: GLENS FALLS NMS LLC
> **$318K** approved 04/15/2020 · Paid in Full · Loan `1054557202`
## Borrower
- **Name:** GLENS FALLS NMS LLC
- **Address:** 373 Dix Avenue, Queensbury, NY, 12804
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $318K
- **Initial approval:** $318K
- **Forgiven:** $323K (101%)
- **Forgiveness date:** 08/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $236K
- **Rent:** $73K
- **Utilities:** $5K
- **Health care:** $3K
- **Debt interest:** $1K
- **Jobs reported:** 27
## 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*