# PPP loan: G.M.A. INDUSTRIES, INC.
> **$242K** approved 04/14/2020 · Paid in Full · Loan `6429497110`
## Borrower
- **Name:** G.M.A. INDUSTRIES, INC.
- **Address:** 38127 ECORSE RD, ROMULUS, MI, 48174-1349
- **NAICS:** 331110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $244K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $242K
- **Jobs reported:** 20
## Lender
- **Originating:** Bank of Ann Arbor
- **Servicing:** Bank of Ann Arbor (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*