# PPP loan: GILSTON BROTHERS ELECTRICAL CONTRACTING CORP.
> **$388K** approved 05/01/2020 · Paid in Full · Loan `1252287706`
## Borrower
- **Name:** GILSTON BROTHERS ELECTRICAL CONTRACTING CORP.
- **Address:** 453 E 175TH ST, BRONX, NY, 10457
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $388K
- **Initial approval:** $388K
- **Forgiven:** $392K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $335K
- **Rent:** $4K
- **Mortgage interest:** $20K
- **Utilities:** $8K
- **Health care:** $20K
- **Jobs reported:** 270
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*