# PPP loan: GIBSON'S DONUTS INC
> **$381K** approved 02/12/2021 · Paid in Full · Loan `7662588404`
## Borrower
- **Name:** GIBSON'S DONUTS INC
- **Address:** 760 Mount Moriah Rd, Memphis, TN, 38117-5304
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $381K
- **Initial approval:** $381K
- **Forgiven:** $384K (101%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $381K
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** Commercial Bank and Trust Company
- **Servicing:** Commercial Bank and Trust Company (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*