# PPP loan: GSI ENGINEERING, LLC
> **$710K** approved 04/07/2020 · Paid in Full · Loan `7604597010`
## Borrower
- **Name:** GSI ENGINEERING, LLC
- **Address:** 4105 West 99th Street, CARMEL, IN, 46032-7732
- **NAICS:** 541620
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $710K
- **Initial approval:** $710K
- **Forgiven:** $715K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $639K
- **Mortgage interest:** $35K
- **Utilities:** $35K
- **Jobs reported:** 56
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*