# PPP loan: GIBRALTAR MANAGEMENT CO., INC.
> **$654K** approved 04/14/2020 · Paid in Full · Loan `5823087109`
## Borrower
- **Name:** GIBRALTAR MANAGEMENT CO., INC.
- **Address:** 150 White Plains Road Ste 400, TARRYTOWN, NY, 10591-5505
- **NAICS:** 531120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $654K
- **Initial approval:** $654K
- **Forgiven:** $660K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $564K
- **Rent:** $20K
- **Health care:** $70K
- **Jobs reported:** 31
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*