# PPP loan: GDS ENTERPRISES, INC.
> **$780K** approved 04/09/2020 · Paid in Full · Loan `9694367002`
## Borrower
- **Name:** GDS ENTERPRISES, INC.
- **Address:** 77 MAMMOTH RD, LOWELL, MA, 01854-2628
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $780K
- **Initial approval:** $780K
- **Forgiven:** $787K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $644K
- **Rent:** $85K
- **Mortgage interest:** $6K
- **Utilities:** $36K
- **Debt interest:** $9K
- **Jobs reported:** 151
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*