# PPP loan: GMR ALEXANDER, LLC
> **$405K** approved 04/06/2020 · Paid in Full · Loan `5903347006`
## Borrower
- **Name:** GMR ALEXANDER, LLC
- **Address:** 980 Alexander Dr SW, OWATONNA, MN, 55060-4711
- **NAICS:** 337110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $405K
- **Initial approval:** $405K
- **Forgiven:** $409K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $400K
- **Rent:** $5K
- **Utilities:** $200
- **Jobs reported:** 37
## Lender
- **Originating:** Park State Bank
- **Servicing:** Park State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*