# PPP loan: GERALD PETERS GALLERY, INC
> **$238K** approved 04/10/2020 · Paid in Full · Loan `1390297108`
## Borrower
- **Name:** GERALD PETERS GALLERY, INC
- **Address:** 1005 PASEO DE PERALTA, SANTA FE, NM, 87501-2735
- **NAICS:** 453920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $238K
- **Initial approval:** $238K
- **Forgiven:** $240K (101%)
- **Forgiveness date:** 03/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $210K
- **Rent:** $25K
- **Utilities:** $1K
- **Health care:** $2K
- **Jobs reported:** 21
## Lender
- **Originating:** Western Commerce Bank
- **Servicing:** Western Commerce Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*