# PPP loan: GSC SYSTEMS INC.
> **$169K** approved 02/25/2021 · Paid in Full · Loan `4079358502`
## Borrower
- **Name:** GSC SYSTEMS INC.
- **Address:** 15 Industrial St NW, Fort Walton Beach, FL, 32548-4813
- **NAICS:** 561621
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $170K (101%)
- **Forgiveness date:** 02/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $169K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Community Bank of Mississippi
- **Servicing:** Community Bank of Mississippi (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*