# PPP loan: GIBSON-THOMAS ENGINEERING CO INC.
> **$1.74M** approved 01/23/2021 · Paid in Full · Loan `4513508307`
## Borrower
- **Name:** GIBSON-THOMAS ENGINEERING CO INC.
- **Address:** 1004 Ligonier St, Latrobe, PA, 15650-1824
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.74M
- **Initial approval:** $1.74M
- **Forgiven:** $1.76M (101%)
- **Forgiveness date:** 02/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.74M
- **Utilities:** $1
- **Jobs reported:** 125
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*