# PPP loan: THE GILBERTSON GROUP, INC.
> **$419K** approved 04/08/2020 · Paid in Full · Loan `8486747010`
## Borrower
- **Name:** THE GILBERTSON GROUP, INC.
- **Address:** 101 Cheshire Court, COATESVILLE, PA, 19320-5812
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $419K
- **Initial approval:** $419K
- **Forgiven:** $422K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $326K
- **Rent:** $60K
- **Mortgage interest:** $21K
- **Utilities:** $12K
- **Jobs reported:** 24
## Lender
- **Originating:** Meridian Bank
- **Servicing:** Meridian Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*