# PPP loan: GTO CONSTRUCTION, INC
> **$1.02M** approved 04/08/2020 · Paid in Full · Loan `7952047005`
## Borrower
- **Name:** GTO CONSTRUCTION, INC
- **Address:** 2789 Hwy 72, THREE RIVERS, TX, 78071-3237
- **NAICS:** 236115
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $1.02M
- **Forgiven:** $1.02M (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.02M
- **Jobs reported:** 72
## Lender
- **Originating:** Frontier Bank of Texas
- **Servicing:** Frontier Bank of Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*