# PPP loan: GALFAB HOLDINGS INC.
> **$1.73M** approved 04/07/2020 · Paid in Full · Loan `6731327008`
## Borrower
- **Name:** GALFAB HOLDINGS INC.
- **Address:** 612 W 11TH ST, WINAMAC, IN, 46996-1211
- **NAICS:** 333923
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.73M
- **Initial approval:** $1.73M
- **Forgiven:** $1.75M (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.73M
- **Jobs reported:** 116
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*