# PPP loan: GP EAST STEEL CO.
> **$874K** approved 04/09/2020 · Paid in Full · Loan `9702237010`
## Borrower
- **Name:** GP EAST STEEL CO.
- **Address:** 10 JORDAN RD, WAREHAM, MA, 02571-2834
- **NAICS:** 238120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $874K
- **Initial approval:** $591K
- **Forgiven:** $884K (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $874K
- **Jobs reported:** 42
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*