# PPP loan: GRAND BANKS BUILDING PRODUCTS, INC.
> **$351K** approved 04/03/2020 · Paid in Full · Loan `4389047001`
## Borrower
- **Name:** GRAND BANKS BUILDING PRODUCTS, INC.
- **Address:** 7 Crafts Rd, GLOUCESTER, MA, 01930-2135
- **NAICS:** 444190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $351K
- **Initial approval:** $351K
- **Forgiven:** $353K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $351K
- **Jobs reported:** 27
## Lender
- **Originating:** Cape Ann Savings Bank
- **Servicing:** Cape Ann Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*