# PPP loan: GAMMON & ASSOCIATES INC
> **$217K** approved 04/27/2020 · Paid in Full · Loan `3979017205`
## Borrower
- **Name:** GAMMON & ASSOCIATES INC
- **Address:** 152 Madison Avenue, New York, NY, 10016
- **NAICS:** 541810
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $217K
- **Initial approval:** $217K
- **Forgiven:** $219K (101%)
- **Forgiveness date:** 05/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $174K
- **Rent:** $33K
- **Health care:** $11K
- **Jobs reported:** 16
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*