# PPP loan: THE GERSON COMPANY
> **$2.00M** approved 02/03/2021 · Paid in Full · Loan `2641718404`
## Borrower
- **Name:** THE GERSON COMPANY
- **Address:** 1450 S Lone Elm Rd, Olathe, KS, 66061-7256
- **NAICS:** 453220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.03M (102%)
- **Forgiveness date:** 08/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Jobs reported:** 222
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*