# PPP loan: PHILIP M. GERSON
> **$209K** approved 04/15/2020 · Paid in Full · Loan `1362407205`
## Borrower
- **Name:** PHILIP M. GERSON
- **Address:** 1980 CORAL WAY, CORAL GABLES, FL, 33145-2624
- **NAICS:** 541110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $209K
- **Initial approval:** $209K
- **Forgiven:** $213K (102%)
- **Forgiveness date:** 06/01/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $209K
- **Jobs reported:** 13
## Lender
- **Originating:** Banesco USA
- **Servicing:** Banesco USA (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*