# PPP loan: GERALD INC.
> **$810K** approved 01/26/2021 · Paid in Full · Loan `6379588306`
## Borrower
- **Name:** GERALD INC.
- **Address:** 1132 County Road E E, Vadnais Heights, MN, 55110-5133
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $810K
- **Initial approval:** $810K
- **Forgiven:** $813K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $809K
- **Utilities:** $1
- **Jobs reported:** 87
## Lender
- **Originating:** Luminate Bank
- **Servicing:** Luminate Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*