# PPP loan: GIBSON AND SCHAEFER, INC
> **$583K** approved 04/15/2020 · Paid in Full · Loan `2208587209`
## Borrower
- **Name:** GIBSON AND SCHAEFER, INC
- **Address:** 83801 Avenue 45, INDIO, CA, 92201
- **NAICS:** 327320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $583K
- **Initial approval:** $583K
- **Forgiven:** $590K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $583K
- **Jobs reported:** 25
## Lender
- **Originating:** Community Valley Bank
- **Servicing:** Community Valley Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*