# PPP loan: THE GALLUP INDEPENDENT
> **$188K** approved 04/15/2020 · Paid in Full · Loan `9205697105`
## Borrower
- **Name:** THE GALLUP INDEPENDENT
- **Address:** 500 North Ninth Street, GALLUP, NM, 87301
- **NAICS:** 451212
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $190K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $186K
- **Mortgage interest:** $3K
- **Jobs reported:** 28
## Lender
- **Originating:** Pinnacle Bank, A Division of
- **Servicing:** Bank of Colorado (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*