# PPP loan: GEMCO CONSTRUCTORS
> **$1.90M** approved 04/10/2020 · Paid in Full · Loan `2566547110`
## Borrower
- **Name:** GEMCO CONSTRUCTORS
- **Address:** 6525 Guion Rd, Indianapolis, IN, 46268-4808
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.90M
- **Initial approval:** $1.90M
- **Forgiven:** $1.91M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.90M
- **Jobs reported:** 198
## Lender
- **Originating:** Greenfield Banking Company
- **Servicing:** Greenfield Banking Company (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*