# PPP loan: GC CONSTRUCTION AND DEVELOPMENT, INC
> **$188K** approved 04/13/2020 · Paid in Full · Loan `5098027109`
## Borrower
- **Name:** GC CONSTRUCTION AND DEVELOPMENT, INC
- **Address:** 10281 Iron Rockj Way Ste 200, ELK GROVE, CA, 95624
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $189K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $188K
- **Jobs reported:** 17
## Lender
- **Originating:** Farmers & Merchants Bank of Central California
- **Servicing:** Farmers & Merchants Bank of Central California (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*