# PPP loan: GIPE AUTO COLOR, INC.
> **$555K** approved 04/08/2020 · Paid in Full · Loan `8452947002`
## Borrower
- **Name:** GIPE AUTO COLOR, INC.
- **Address:** 425 West 4th Street, OWENSBORO, KY, 42301-0712
- **NAICS:** 811121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $555K
- **Initial approval:** $555K
- **Forgiven:** $559K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $555K
- **Jobs reported:** 56
## Lender
- **Originating:** Independence Bank of Kentucky
- **Servicing:** Independence Bank of Kentucky (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*