# PPP loan: G&S MACHINERY INC.
> **$173K** approved 04/29/2020 · Exemption 4 · Loan `3836337308`
## Borrower
- **Name:** G&S MACHINERY INC.
- **Address:** 35 Byram Bay Road, Hopatcong, NJ, 07843
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $151K (87%)
- **Forgiveness date:** 06/17/2022
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $173K
- **Jobs reported:** 7
## Lender
- **Originating:** Santander Bank, National Association
- **Servicing:** Santander Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*