# PPP loan: G & B MANAGEMENT, INC.
> **$260K** approved 04/09/2020 · Paid in Full · Loan `9997247009`
## Borrower
- **Name:** G & B MANAGEMENT, INC.
- **Address:** 295 E Lincoln Road, KOKOMO, IN, 46902-3562
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Forgiven:** $262K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $208K
- **Mortgage interest:** $17K
- **Utilities:** $17K
- **Health care:** $17K
- **Jobs reported:** 98
## Lender
- **Originating:** Horizon Bank
- **Servicing:** Horizon Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*