# PPP loan: GBS,LTD.
> **$554K** approved 04/27/2020 · Paid in Full · Loan `4603677200`
## Borrower
- **Name:** GBS,LTD.
- **Address:** 321 Snyder Ave, Berkeley Heights, NJ, 07922
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $554K
- **Initial approval:** $554K
- **Forgiven:** $560K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $554K
- **Jobs reported:** 10
## Lender
- **Originating:** Peapack-Gladstone Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*