# PPP loan: GASTON COOPERATIVE INC
> **$153K** approved 04/14/2020 · Paid in Full · Loan `6768657104`
## Borrower
- **Name:** GASTON COOPERATIVE INC
- **Address:** 120 COOP LN, GARYSBURG, NC, 27831-9549
- **NAICS:** 115111
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $153K
- **Initial approval:** $138K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $121K
- **Mortgage interest:** $12K
- **Utilities:** $11K
- **Health care:** $10K
- **Jobs reported:** 49
## Lender
- **Originating:** Southern Bank and Trust Company
- **Servicing:** Southern Bank and Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*