# PPP loan: GORNC OPERATING, LLC
> **$1.43M** approved 04/14/2020 · Paid in Full · Loan `7755187100`
## Borrower
- **Name:** GORNC OPERATING, LLC
- **Address:** 100 Miller Street, Gowanda, NY, 14070
- **NAICS:** 623110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.43M
- **Initial approval:** $1.56M
- **Forgiven:** $1.44M (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.28M
- **Mortgage interest:** $100K
- **Utilities:** $50K
- **Jobs reported:** 227
## 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*