# PPP loan: GENERAL CREDIT SERVICES INC
> **$305K** approved 04/08/2020 · Paid in Full · Loan `7952317003`
## Borrower
- **Name:** GENERAL CREDIT SERVICES INC
- **Address:** 2724 W MAIN ST, MEDFORD, OR, 97501-2403
- **NAICS:** 561440
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $305K
- **Initial approval:** $305K
- **Forgiven:** $307K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $291K
- **Rent:** $14K
- **Jobs reported:** 31
## Lender
- **Originating:** Peoples Bank of Commerce
- **Servicing:** Peoples Bank of Commerce (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*