# PPP loan: GMCO CORPORATION
> **$609K** approved 04/09/2020 · Paid in Full · Loan `9438607003`
## Borrower
- **Name:** GMCO CORPORATION
- **Address:** 0228 Powerline Road, RIFLE, CO, 81650-3674
- **NAICS:** 488490
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $609K
- **Initial approval:** $609K
- **Forgiven:** $615K (101%)
- **Forgiveness date:** 04/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $457K
- **Rent:** $152K
- **Jobs reported:** 42
## Lender
- **Originating:** ANB Bank
- **Servicing:** ANB Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*