# PPP loan: GMC CONTRACTING GROUP INC
> **$345K** approved 03/29/2021 · Paid in Full · Loan `2413078705`
## Borrower
- **Name:** GMC CONTRACTING GROUP INC
- **Address:** 14 10th St, Staten Island, NY, 10306-2913
- **NAICS:** 531110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $345K
- **Initial approval:** $345K
- **Forgiven:** $349K (101%)
- **Forgiveness date:** 05/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $345K
- **Utilities:** $1
- **Jobs reported:** 103
## Lender
- **Originating:** Empire State Bank
- **Servicing:** Empire State Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*