# PPP loan: GILBERT SPRAY COAT
> **$218K** approved 04/29/2020 · Exemption 4 · Loan `3530827310`
## Borrower
- **Name:** GILBERT SPRAY COAT
- **Address:** 300 Laurelwood Road, SANTA CLARA, CA, 95054
- **NAICS:** 238320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $218K
- **Initial approval:** $218K
- **Forgiven:** $188K (86%)
- **Forgiveness date:** 03/31/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $218K
- **Jobs reported:** 19
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*