# PPP loan: GMD SERVICES, INC.
> **$221K** approved 05/04/2020 · Paid in Full · Loan `1476247410`
## Borrower
- **Name:** GMD SERVICES, INC.
- **Address:** 329 S WALNUT ST, STATESBORO, GA, 30458-5418
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $221K
- **Initial approval:** $221K
- **Forgiven:** $223K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $169K
- **Rent:** $32K
- **Utilities:** $20K
- **Jobs reported:** 69
## Lender
- **Originating:** Morris Bank
- **Servicing:** Morris Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*