# PPP loan: GENE GORMAN & ASSOCIATES, INC.
> **$312K** approved 06/11/2020 · Paid in Full · Loan `2088767906`
## Borrower
- **Name:** GENE GORMAN & ASSOCIATES, INC.
- **Address:** 1248 COURSE VIEW CIR,, VIRGINIA BCH, VA, 23455
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $312K
- **Initial approval:** $312K
- **Forgiven:** $315K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $312K
- **Jobs reported:** 34
## Lender
- **Originating:** Navy FCU
- **Servicing:** Navy FCU (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*