# PPP loan: WILLIAM P GELBERG, INC.
> **$1.21M** approved 04/27/2020 · Paid in Full · Loan `3775577207`
## Borrower
- **Name:** WILLIAM P GELBERG, INC.
- **Address:** 6511 CHILLUM PL NW, WASHINGTON, DC, 20012-2135
- **NAICS:** 339950
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.21M
- **Initial approval:** $1.21M
- **Forgiven:** $1.22M (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.21M
- **Jobs reported:** 94
## Lender
- **Originating:** Forbright Bank
- **Servicing:** Forbright Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*