# PPP loan: GM PROPERTIES INC.
> **$330K** approved 01/20/2021 · Paid in Full · Loan `1840328305`
## Borrower
- **Name:** GM PROPERTIES INC.
- **Address:** 13305 Penn St Ste 200, Whittier, CA, 90602-1728
- **NAICS:** 531312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $330K
- **Initial approval:** $330K
- **Forgiven:** $331K (101%)
- **Forgiveness date:** 08/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $329K
- **Jobs reported:** 14
## Lender
- **Originating:** Banc of California
- **Servicing:** Banc of California (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*