# PPP loan: GEARHEAD COMMUNICATIONS, LLC
> **$313K** approved 05/07/2020 · Paid in Full · Loan `3512437405`
## Borrower
- **Name:** GEARHEAD COMMUNICATIONS, LLC
- **Address:** 3 Research Center, Marion, IA, 52302
- **NAICS:** 812990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $313K
- **Initial approval:** $313K
- **Forgiven:** $317K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $235K
- **Rent:** $39K
- **Utilities:** $39K
- **Jobs reported:** 19
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*