# PPP loan: GT PLASTICS INC
> **$336K** approved 07/21/2020 · Paid in Full · Loan `6247528101`
## Borrower
- **Name:** GT PLASTICS INC
- **Address:** 4681 N Industrial Row, Oscoda, MI, 48750
- **NAICS:** 326199
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $336K
- **Initial approval:** $336K
- **Forgiven:** $338K (101%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $293K
- **Rent:** $25K
- **Utilities:** $18K
- **Jobs reported:** 28
## Lender
- **Originating:** Huron Community Bank
- **Servicing:** Huron Community Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*