# PPP loan: GEHRKE INC.
> **$245K** approved 02/04/2021 · Paid in Full · Loan `2972648401`
## Borrower
- **Name:** GEHRKE INC.
- **Address:** 1405 21st Ave, Eldora, IA, 50627-1913
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $246K (100%)
- **Forgiveness date:** 07/12/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $245K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** Hardin County Savings Bank
- **Servicing:** Hardin County Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*