# PPP loan: G.E.C. DURHAM INDUSTRIES,INC.
> **$255K** approved 04/08/2020 · Exemption 4 · Loan `8750827010`
## Borrower
- **Name:** G.E.C. DURHAM INDUSTRIES,INC.
- **Address:** 255 Samhel Barnet Blvd, NEW BEDFORD, MA, 02745-1220
- **NAICS:** 335311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $255K
- **Initial approval:** $255K
- **Status:** Exemption 4
- **Term:** 61 months
## Use of funds
- **Payroll:** $191K
- **Utilities:** $64K
- **Jobs reported:** 31
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*