# PPP loan: GMS INDUSTRIAL SUPPLY, INC
> **$752K** approved 04/30/2020 · Paid in Full · Loan `5376817307`
## Borrower
- **Name:** GMS INDUSTRIAL SUPPLY, INC
- **Address:** 401 1st Street, Coronado, CA, 92118
- **NAICS:** 325199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $752K
- **Initial approval:** $752K
- **Forgiven:** $765K (102%)
- **Forgiveness date:** 08/23/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $752K
- **Jobs reported:** 47
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*