# PPP loan: GEG ENTERPRISES INC.
> **$490K** approved 04/07/2020 · Paid in Full · Loan `6946707001`
## Borrower
- **Name:** GEG ENTERPRISES INC.
- **Address:** 1041 E TURKEYFOOT LAKE RD, AKRON, OH, 44312-5242
- **NAICS:** 812112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $490K
- **Initial approval:** $490K
- **Forgiven:** $494K (101%)
- **Forgiveness date:** 03/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $490K
- **Jobs reported:** 90
## Lender
- **Originating:** Consumers National Bank
- **Servicing:** Consumers National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*