# PPP loan: GRACE GCCA LLC
> **$1.25M** approved 04/15/2020 · Paid in Full · Loan `9007067103`
## Borrower
- **Name:** GRACE GCCA LLC
- **Address:** 20686 Homestead Rd, CUPERTINO, CA, 95014
- **NAICS:** 812112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Forgiven:** $1.26M (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $925K
- **Rent:** $150K
- **Utilities:** $62K
- **Health care:** $10K
- **Debt interest:** $100K
- **Jobs reported:** 200
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*