# PPP loan: GER INDUSTRIES INC
> **$773K** approved 04/06/2021 · Paid in Full · Loan `7753148701`
## Borrower
- **Name:** GER INDUSTRIES INC
- **Address:** 28 Potter Ave, New Rochelle, NY, 10801-2107
- **NAICS:** 321211
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $773K
- **Initial approval:** $773K
- **Forgiven:** $782K (101%)
- **Forgiveness date:** 06/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $773K
- **Jobs reported:** 59
## Lender
- **Originating:** HSBC Bank USA, National Association
- **Servicing:** HSBC Bank USA, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*