# PPP loan: GEHL ELECTRIC, INC.
> **$167K** approved 05/04/2020 · Paid in Full · Loan `1525897403`
## Borrower
- **Name:** GEHL ELECTRIC, INC.
- **Address:** 420 Apollo Street, Unit B, Brea, CA, 92821
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Forgiven:** $170K (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $167K
- **Jobs reported:** 35
## Lender
- **Originating:** WebBank
- **Servicing:** WebBank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*