# PPP loan: GIBC GROUP LLC
> **$311K** approved 03/20/2021 · Exemption 4 · Loan `6202058610`
## Borrower
- **Name:** GIBC GROUP LLC
- **Address:** 195 Plymouth St # 620, Brooklyn, NY, 11201-1123
- **NAICS:** 541611
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $311K
- **Initial approval:** $311K
- **Forgiven:** $209K (67%)
- **Forgiveness date:** 07/27/2023
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $311K
- **Jobs reported:** 7
## Lender
- **Originating:** HSBC Bank USA, National Association
- **Servicing:** HSBC Bank USA, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*