# PPP loan: GILSBAR HOLDINGS, LLC
> **$5.55M** approved 04/10/2020 · Paid in Full · Loan `1706207100`
## Borrower
- **Name:** GILSBAR HOLDINGS, LLC
- **Address:** 2100 Covington Centre 0.0, Covington, LA, 70433-2983
- **NAICS:** 524292
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.55M
- **Initial approval:** $5.55M
- **Forgiven:** $5.62M (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.85M
- **Rent:** $85K
- **Utilities:** $15K
- **Health care:** $600K
- **Jobs reported:** 465
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*