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I have a paper wallet that I made from moneroaddress and wanted to import it to the GUI. Can I import it by starting up the GUI and clicking, "restore wallet from 25 word mnemonic seed," and entering the seed from the paper wallet?

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You are correct, that's all you have to do. However, when you restore it in a GUI/any live method its not a cold wallet anymore. So be very extra careful that the computer you are working has an anti-virus and you are positively sure that it is clean from malwares/keyloggers.

If you want to make your paper wallet still "cold", there are other ways you can view your funds. E.g. How can we view the balance of a cold wallet storage and keep it cold?

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