# PPP loan: GCS ABILENE EQUIPMENT LLC
> **$278K** approved 04/10/2020 · Paid in Full · Loan `1422507105`
## Borrower
- **Name:** GCS ABILENE EQUIPMENT LLC
- **Address:** 1212 N Loop 12, IRVING, TX, 75061-5615
- **NAICS:** 237990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $278K
- **Initial approval:** $278K
- **Forgiven:** $279K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $274K
- **Utilities:** $4K
- **Jobs reported:** 17
## 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*