# PPP loan: GENERAL POWER AND CONTROL CORPORATION INC.
> **$335K** approved 01/30/2021 · Paid in Full · Loan `9494098300`
## Borrower
- **Name:** GENERAL POWER AND CONTROL CORPORATION INC.
- **Address:** 5252 Gateway Dr, Geismar, LA, 70734-3409
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $335K
- **Initial approval:** $335K
- **Forgiven:** $338K (101%)
- **Forgiveness date:** 12/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $335K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** United Community Bank
- **Servicing:** United Community Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*