# PPP loan: GPI MANUFACTURING INC.
> **$218K** approved 02/02/2021 · Exemption 4 · Loan `1595788407`
## Borrower
- **Name:** GPI MANUFACTURING INC.
- **Address:** 940 W North Shore Dr, Lake Bluff, IL, 60044-2202
- **NAICS:** 326199
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $218K
- **Initial approval:** $218K
- **Forgiven:** $123K (56%)
- **Forgiveness date:** 06/07/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $218K
- **Utilities:** $1
- **Jobs reported:** 8
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*