# PPP loan: GPSI LLC
> **$348K** approved 01/21/2021 · Paid in Full · Loan `3051868310`
## Borrower
- **Name:** GPSI LLC
- **Address:** 25307 Dequindre Rd, Madison Heights, MI, 48071-4241
- **NAICS:** 423120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $348K
- **Initial approval:** $348K
- **Forgiven:** $350K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $348K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Waterford Bank, National Association
- **Servicing:** Waterford Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*