# PPP loan: GELS LOGISTICS INC
> **$713K** approved 04/07/2020 · Paid in Full · Loan `7276197008`
## Borrower
- **Name:** GELS LOGISTICS INC
- **Address:** 20275 BUSINESS PKWY, WALNUT, CA, 91789-2950
- **NAICS:** 541614
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $713K
- **Initial approval:** $713K
- **Forgiven:** $718K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $713K
- **Jobs reported:** 74
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*