# PPP loan: GROUP MANAGEMENT SERVICES, INC.
> **$4.63M** approved 04/10/2020 · Paid in Full · Loan `1256127102`
## Borrower
- **Name:** GROUP MANAGEMENT SERVICES, INC.
- **Address:** 3750 Timberlake Drive 0.0, Richfield, OH, 44286-9187
- **NAICS:** 561330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.63M
- **Initial approval:** $4.63M
- **Forgiven:** $4.07M (88%)
- **Forgiveness date:** 10/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.17M
- **Rent:** $210K
- **Utilities:** $21K
- **Health care:** $232K
- **Jobs reported:** 274
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*