# PPP loan: GERLEMAN MANAGEMENT INC.
> **$329K** approved 02/03/2021 · Paid in Full · Loan `2463528402`
## Borrower
- **Name:** GERLEMAN MANAGEMENT INC.
- **Address:** 303 Locust St Ste 150, Des Moines, IA, 50309-1762
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $329K
- **Initial approval:** $329K
- **Forgiven:** $333K (101%)
- **Forgiveness date:** 04/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $329K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** West Bank
- **Servicing:** West Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*