# PPP loan: GEORGE GANDY INSURANCE, LLC
> **$287K** approved 04/06/2020 · Paid in Full · Loan `6201097003`
## Borrower
- **Name:** GEORGE GANDY INSURANCE, LLC
- **Address:** 13TH ST, ARTESIA, NM, 88210-2212
- **NAICS:** 524210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $287K
- **Initial approval:** $285K
- **Forgiven:** $289K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $230K
- **Rent:** $31K
- **Mortgage interest:** $500
- **Utilities:** $18K
- **Health care:** $7K
- **Jobs reported:** 47
## Lender
- **Originating:** Western Bank, Artesia, New Mexico
- **Servicing:** Western Bank, Artesia, New Mexico (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*