# PPP loan: GDS INC.
> **$425K** approved 04/13/2020 · Paid in Full · Loan `4349687109`
## Borrower
- **Name:** GDS INC.
- **Address:** 148  Route 565 PO Box 728, Sussex, NJ, 07461
- **NAICS:** 424490
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $425K
- **Initial approval:** $425K
- **Forgiven:** $431K (101%)
- **Forgiveness date:** 08/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $425K
- **Jobs reported:** 51
## Lender
- **Originating:** Provident Bank
- **Servicing:** Provident Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*