# PPP loan: GAC CONTRACTORS, INC
> **$2.62M** approved 04/15/2020 · Paid in Full · Loan `1439507210`
## Borrower
- **Name:** GAC CONTRACTORS, INC
- **Address:** 4116 HIGHWAY 231 North, PANAMA CITY, FL, 32404-9235
- **NAICS:** 236116
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.62M
- **Initial approval:** $2.62M
- **Forgiven:** $2.65M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.62M
- **Jobs reported:** 260
## Lender
- **Originating:** Trustmark National Bank
- **Servicing:** Trustmark National Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*