# PPP loan: GAC EQUIPMENT LLC
> **$648K** approved 01/17/2021 · Paid in Full · Loan `1403218309`
## Borrower
- **Name:** GAC EQUIPMENT LLC
- **Address:** 904 Leander Dr, Leander, TX, 78641-2035
- **NAICS:** 237990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $648K
- **Initial approval:** $648K
- **Forgiven:** $652K (101%)
- **Forgiveness date:** 08/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $648K
- **Jobs reported:** 35
## Lender
- **Originating:** Texas Security Bank
- **Servicing:** Texas Security Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*