# PPP loan: GPS SOLUTIONS, LTD
> **$1.06M** approved 04/05/2020 · Paid in Full · Loan `5423767004`
## Borrower
- **Name:** GPS SOLUTIONS, LTD
- **Address:** 445 GUNDERSEN DR, CAROL STREAM, IL, 60188-2415
- **NAICS:** 561720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.06M
- **Initial approval:** $1.06M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.06M
- **Jobs reported:** 335
## Lender
- **Originating:** American Commercial Bank & Trust, National Association
- **Servicing:** American Commercial Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*