# PPP loan: GJ POWERSPORTS
> **$338K** approved 04/03/2020 · Paid in Full · Loan `4503347002`
## Borrower
- **Name:** GJ POWERSPORTS
- **Address:** 2747 Crossroads blvd, GRAND JUNCTION, CO, 81506-3954
- **NAICS:** 441210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $338K
- **Initial approval:** $338K
- **Forgiven:** $341K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $254K
- **Rent:** $85K
- **Jobs reported:** 31
## Lender
- **Originating:** Timberline Bank
- **Servicing:** Timberline Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*