# PPP loan: GILBERT ENGINEERING COMPANY
> **$290K** approved 02/07/2021 · Paid in Full · Loan `4989718404`
## Borrower
- **Name:** GILBERT ENGINEERING COMPANY
- **Address:** 638 S Meeting St, Statesville, NC, 28677-6110
- **NAICS:** 237990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $290K
- **Initial approval:** $290K
- **Forgiven:** $292K (100%)
- **Forgiveness date:** 07/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $290K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*