# PPP loan: GEHRKE TECHNOLOGY GROUP INC.
> **$252K** approved 02/07/2021 · Paid in Full · Loan `5074568403`
## Borrower
- **Name:** GEHRKE TECHNOLOGY GROUP INC.
- **Address:** 1050 N Rand Rd, Wauconda, IL, 60084-1165
- **NAICS:** 811490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $252K
- **Initial approval:** $252K
- **Forgiven:** $255K (101%)
- **Forgiveness date:** 05/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $252K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** American Community Bank & Trust
- **Servicing:** American Community Bank & Trust (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*