# PPP loan: GEARBOX DEVELOPMENT SERVICE
> **$250K** approved 04/30/2020 · Paid in Full · Loan `5421777308`
## Borrower
- **Name:** GEARBOX DEVELOPMENT SERVICE
- **Address:** 5757 Main Street Ste 500, FRISCO, TX, 75034
- **NAICS:** 541511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Jobs reported:** 41
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*