# PPP loan: GUTMANS INSURANCE BROKERAGE, INC.
> **$346K** approved 05/04/2020 · Paid in Full · Loan `1409907407`
## Borrower
- **Name:** GUTMANS INSURANCE BROKERAGE, INC.
- **Address:** 1066 East 2nd Street, brooklyn, NY, 11230
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $346K
- **Initial approval:** $346K
- **Forgiven:** $351K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Rent:** $43K
- **Utilities:** $43K
- **Jobs reported:** 10
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*