# PPP loan: GAB K, LLC
> **$1.12M** approved 04/13/2020 · Exemption 4 · Loan `4718887106`
## Borrower
- **Name:** GAB K, LLC
- **Address:** 1114 Avenue of the Americas, NEW YORK, NY, 10036
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Forgiven:** $139K (12%)
- **Forgiveness date:** 07/19/2023
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $933K
- **Rent:** $150K
- **Utilities:** $39K
- **Jobs reported:** 93
## Lender
- **Originating:** First Western Trust Bank
- **Servicing:** First Western Trust Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*