# PPP loan: GL GROUP INC
> **$2.48M** approved 04/10/2020 · Paid in Full · Loan `1280887107`
## Borrower
- **Name:** GL GROUP INC
- **Address:** 1230 MACKLIND AVE, SAINT LOUIS, MO, 63110-1432
- **NAICS:** 424920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.48M
- **Initial approval:** $2.48M
- **Forgiven:** $2.51M (101%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.25M
- **Rent:** $198K
- **Utilities:** $28K
- **Jobs reported:** 194
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*