# PPP loan: GCO SERVICES, INC.
> **$230K** approved 05/01/2020 · Paid in Full · Loan `9021507307`
## Borrower
- **Name:** GCO SERVICES, INC.
- **Address:** 2500 16th Ave SW, CEDAR RAPIDS, IA, 52404
- **NAICS:** 561421
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $208K (91%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $230K
- **Jobs reported:** 100
## Lender
- **Originating:** BankIowa
- **Servicing:** BankIowa (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*