# PPP loan: GMI HOLDINGS COMPANY
> **$3.23M** approved 04/14/2020 · Paid in Full · Loan `7547087100`
## Borrower
- **Name:** GMI HOLDINGS COMPANY
- **Address:** 900 South Bay Boulevard, Anna Maria, FL, 34216
- **NAICS:** 441222
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $3.23M
- **Initial approval:** $3.23M
- **Forgiven:** $3.27M (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.54M
- **Rent:** $186K
- **Mortgage interest:** $40K
- **Utilities:** $149K
- **Health care:** $180K
- **Debt interest:** $136K
- **Jobs reported:** 145
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*