# PPP loan: GEOLOGICAL RESOURCES, INC.
> **$434K** approved 04/15/2020 · Paid in Full · Loan `1784067210`
## Borrower
- **Name:** GEOLOGICAL RESOURCES, INC.
- **Address:** 3502 Hayes Road, Monroe, NC, 28110-7903
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $434K
- **Initial approval:** $434K
- **Forgiven:** $440K (101%)
- **Forgiveness date:** 09/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $434K
- **Jobs reported:** 30
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*