# PPP loan: GDM IMPORTS INC
> **$398K** approved 04/27/2020 · Paid in Full · Loan `4902947209`
## Borrower
- **Name:** GDM IMPORTS INC
- **Address:** 1415 South Barrington Road, Barrington, IL, 60010-5205
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $398K
- **Initial approval:** $398K
- **Forgiven:** $402K (101%)
- **Forgiveness date:** 03/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $319K
- **Mortgage interest:** $80K
- **Jobs reported:** 36
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*