# PPP loan: GMT LLC
> **$3.19M** approved 04/04/2020 · Paid in Full · Loan `4956217001`
## Borrower
- **Name:** GMT LLC
- **Address:** 2116 EAST BREMER AVE, WAVERLY, IA, 50677-4021
- **NAICS:** 332312
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.19M
- **Initial approval:** $3.19M
- **Forgiven:** $3.23M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.55M
- **Rent:** $180K
- **Mortgage interest:** $16K
- **Utilities:** $63K
- **Health care:** $380K
- **Jobs reported:** 181
## Lender
- **Originating:** Lincoln Savings Bank
- **Servicing:** Lincoln Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*