# PPP loan: GPM ASSOCIATES, LLC
> **$580K** approved 04/13/2020 · Paid in Full · Loan `5230747100`
## Borrower
- **Name:** GPM ASSOCIATES, LLC
- **Address:** 45 High Tech Drive, RUSH, NY, 14543-9746
- **NAICS:** 333249
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $580K
- **Initial approval:** $580K
- **Forgiven:** $443K (76%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $470K
- **Rent:** $42K
- **Utilities:** $24K
- **Health care:** $20K
- **Debt interest:** $24K
- **Jobs reported:** 76
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*