# PPP loan: GILBERT PLUMBING AND HEATING, INC.
> **$165K** approved 04/03/2020 · Paid in Full · Loan `4570087007`
## Borrower
- **Name:** GILBERT PLUMBING AND HEATING, INC.
- **Address:** 19563 US HIGHWAY 69, LEON, IA, 50144-1891
- **NAICS:** 441228
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $166K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $144K
- **Rent:** $8K
- **Mortgage interest:** $1K
- **Utilities:** $12K
- **Jobs reported:** 15
## Lender
- **Originating:** American State Bank
- **Servicing:** American State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*