# PPP loan: GSC INDUSTRIES INC
> **$199K** approved 04/13/2020 · Paid in Full · Loan `5007747108`
## Borrower
- **Name:** GSC INDUSTRIES INC
- **Address:** 1308 Chisholm Trail Rd Ste 113, Round Rock, TX, 78681-2921
- **NAICS:** 561621
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $190K
- **Rent:** $8K
- **Utilities:** $1K
- **Jobs reported:** 16
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*