# PPP loan: GDC INDUSTRIAL INC.
> **$501K** approved 02/04/2021 · Paid in Full · Loan `3094948408`
## Borrower
- **Name:** GDC INDUSTRIAL INC.
- **Address:** 1320 N Hillcrest Dr, Sulphur Springs, TX, 75482-2090
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $501K
- **Initial approval:** $501K
- **Forgiven:** $504K (101%)
- **Forgiveness date:** 09/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $501K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** Guaranty Bank & Trust, National Association
- **Servicing:** Guaranty Bank & Trust, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*