# PPP loan: GIBBS & SELLERS PC
> **$260K** approved 03/27/2021 · Paid in Full · Loan `1541128707`
## Borrower
- **Name:** GIBBS & SELLERS PC
- **Address:** 108 N Walnut Ave, Demopolis, AL, 36732-2000
- **NAICS:** 541110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 03/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $260K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** Naheola Credit Union
- **Servicing:** Naheola Credit Union (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*