# PPP loan: GILBERT CPAS
> **$1.15M** approved 04/07/2020 · Paid in Full · Loan `7404287006`
## Borrower
- **Name:** GILBERT CPAS
- **Address:** 2880 GATEWAY OAKS DR SUITE 100, SACRAMENTO, CA, 95833-3509
- **NAICS:** 541211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.15M
- **Initial approval:** $1.15M
- **Forgiven:** $617K (54%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.01M
- **Rent:** $55K
- **Utilities:** $3K
- **Health care:** $75K
- **Debt interest:** $4K
- **Jobs reported:** 64
## 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*