# PPP loan: GRANITE REAL ESTATE MANAGEMENTS, INC.
> **$330K** approved 04/12/2020 · Paid in Full · Loan `4010737101`
## Borrower
- **Name:** GRANITE REAL ESTATE MANAGEMENTS, INC.
- **Address:** 808 W 10th Street, AUSTIN, TX, 78701-2005
- **NAICS:** 531312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $330K
- **Initial approval:** $330K
- **Forgiven:** $332K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $248K
- **Rent:** $83K
- **Jobs reported:** 24
## Lender
- **Originating:** American Bank of Commerce
- **Servicing:** American Bank of Commerce (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*