# PPP loan: GERSHOW RECYCLING CORP.
> **$3.40M** approved 04/07/2020 · Paid in Full · Loan `6463677000`
## Borrower
- **Name:** GERSHOW RECYCLING CORP.
- **Address:** 71 Peconic Avenue, MEDFORD, NY, 11763-3201
- **NAICS:** 562111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.40M
- **Initial approval:** $3.40M
- **Forgiven:** $3.44M (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.40M
- **Jobs reported:** 232
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*