# PPP loan: GELCO SUPPLY INC.
> **$190K** approved 01/27/2021 · Paid in Full · Loan `6861448308`
## Borrower
- **Name:** GELCO SUPPLY INC.
- **Address:** 1705 Salem Industrial Dr NE, Salem, OR, 97301-8079
- **NAICS:** 325320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $190K
- **Initial approval:** $190K
- **Forgiven:** $191K (101%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $190K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** Bank of the Pacific
- **Servicing:** Bank of the Pacific (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*