# PPP loan: GEHLAWAT MEDICAL CORPORATION
> **$180K** approved 03/08/2021 · Paid in Full · Loan `7850198500`
## Borrower
- **Name:** GEHLAWAT MEDICAL CORPORATION
- **Address:** 1404 Avenida Sabia 1404 Avenida Sabia, Bakersfield, CA, 93309-2799
- **NAICS:** 621111
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $181K (101%)
- **Forgiveness date:** 11/05/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $180K
- **Jobs reported:** 6
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*