# PPP loan: GDS MECHANICAL, INC.
> **$271K** approved 04/27/2020 · Paid in Full · Loan `3493087204`
## Borrower
- **Name:** GDS MECHANICAL, INC.
- **Address:** 39 East Hanover Ave, Suite B1, MORRIS PLAINS, NJ, 07950
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $271K
- **Initial approval:** $271K
- **Forgiven:** $274K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $271K
- **Jobs reported:** 11
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*