# PPP loan: GREENWAY GMC INC.
> **$254K** approved 04/08/2020 · Paid in Full · Loan `8164607000`
## Borrower
- **Name:** GREENWAY GMC INC.
- **Address:** 310 BEDFORD RD, MORRIS, IL, 60450-1340
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $254K
- **Initial approval:** $254K
- **Forgiven:** $257K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $191K
- **Rent:** $25K
- **Mortgage interest:** $25K
- **Utilities:** $13K
- **Jobs reported:** 20
## Lender
- **Originating:** Grundy Bank
- **Servicing:** Grundy Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*