# PPP loan: GSMB, INC.
> **$183K** approved 04/06/2020 · Paid in Full · Loan `5986007003`
## Borrower
- **Name:** GSMB, INC.
- **Address:** 3241 S Mckenzie St, GULF SHORES, AL, 36542-1100
- **NAICS:** 999990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $183K
- **Initial approval:** $183K
- **Forgiven:** $184K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $137K
- **Rent:** $34K
- **Utilities:** $11K
- **Jobs reported:** 42
## Lender
- **Originating:** The Clinton National Bank
- **Servicing:** The Clinton National Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*