# PPP loan: GBS ENTERPRISES, LLC
> **$1.26M** approved 04/10/2020 · Paid in Full · Loan `2359277109`
## Borrower
- **Name:** GBS ENTERPRISES, LLC
- **Address:** 9240 Prototype Drive, Reno, NV, 89521-8987
- **NAICS:** 423220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.26M
- **Initial approval:** $1.26M
- **Forgiven:** $1.27M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.11M
- **Rent:** $134K
- **Utilities:** $15K
- **Jobs reported:** 162
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*