# PPP loan: GALLAGHER MANUFACTURING INC
> **$482K** approved 04/07/2020 · Paid in Full · Loan `6481637003`
## Borrower
- **Name:** GALLAGHER MANUFACTURING INC
- **Address:** 15701 HERON AVE, LA MIRADA, CA, 90638-5206
- **NAICS:** 532490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $482K
- **Initial approval:** $482K
- **Forgiven:** $489K (101%)
- **Forgiveness date:** 12/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $376K
- **Rent:** $37K
- **Utilities:** $11K
- **Health care:** $48K
- **Debt interest:** $188.13
- **Jobs reported:** 38
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*