# PPP loan: GERLOFF COMPANY INC.
> **$869K** approved 04/27/2020 · Paid in Full · Loan `4761287207`
## Borrower
- **Name:** GERLOFF COMPANY INC.
- **Address:** 14955 BULVERDE ROAD, SAN ANTONIO, TX, 78247-2631
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $869K
- **Initial approval:** $869K
- **Forgiven:** $874K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $652K
- **Rent:** $130K
- **Utilities:** $87K
- **Jobs reported:** 73
## Lender
- **Originating:** Broadway National Bank
- **Servicing:** Broadway National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*