# PPP loan: G.B.I TILE & STONE INC.
> **$702K** approved 01/20/2021 · Paid in Full · Loan `1869698304`
## Borrower
- **Name:** G.B.I TILE & STONE INC.
- **Address:** 5900 Skylab Rd Ste 150, Huntington Beach, CA, 92647-2075
- **NAICS:** 423320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $702K
- **Initial approval:** $702K
- **Forgiven:** $707K (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $702K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*