# PPP loan: GT PRODUCTS INC.
> **$316K** approved 01/23/2021 · Paid in Full · Loan `4965028306`
## Borrower
- **Name:** GT PRODUCTS INC.
- **Address:** 501 Industrial Blvd, Grapevine, TX, 76051-3913
- **NAICS:** 325520
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $316K
- **Initial approval:** $316K
- **Forgiven:** $317K (100%)
- **Forgiveness date:** 07/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $315K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** Frost Bank
- **Servicing:** Frost Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*