# PPP loan: GCP INC
> **$170K** approved 04/07/2020 · Paid in Full · Loan `7415317008`
## Borrower
- **Name:** GCP INC
- **Address:** 11779 410TH ST SE, FERTILE, MN, 56540-9203
- **NAICS:** 111998
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $148K (87%)
- **Forgiveness date:** 11/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $170K
- **Jobs reported:** 12
## Lender
- **Originating:** Red River State Bank
- **Servicing:** Red River State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*