# PPP loan: G. B. INDUSTRY CO., L.P.
> **$500K** approved 05/01/2020 · Paid in Full · Loan `1964097706`
## Borrower
- **Name:** G. B. INDUSTRY CO., L.P.
- **Address:** PO BOX 1622, FRIENDSWOOD, TX, 77549
- **NAICS:** 333132
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $505K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $375K
- **Rent:** $100K
- **Utilities:** $25K
- **Jobs reported:** 460
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*