# PPP loan: GBL RESTAURANTS, INC.
> **$225K** approved 04/13/2020 · Paid in Full · Loan `5028127109`
## Borrower
- **Name:** GBL RESTAURANTS, INC.
- **Address:** 5604 Northridge Circle, BIRMINGHAM, AL, 35244-3519
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $226K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $179K
- **Rent:** $29K
- **Utilities:** $16K
- **Jobs reported:** 63
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*