# PPP loan: GERSTCO INC.
> **$171K** approved 03/17/2021 · Paid in Full · Loan `4092138609`
## Borrower
- **Name:** GERSTCO INC.
- **Address:** 1475 S Bascom Ave Ste 101, Campbell, CA, 95008-0628
- **NAICS:** 541990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 10/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $171K
- **Jobs reported:** 8
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*