# PPP loan: THE GILBERT RESIDENCE, INC.
> **$715K** approved 04/28/2020 · Paid in Full · Loan `8502407210`
## Borrower
- **Name:** THE GILBERT RESIDENCE, INC.
- **Address:** 203 S Huron Street, Ypsilanti, MI, 48197-5422
- **NAICS:** 623110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $715K
- **Initial approval:** $715K
- **Forgiven:** $721K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $715K
- **Jobs reported:** 126
## Lender
- **Originating:** Bank of Ann Arbor
- **Servicing:** Bank of Ann Arbor (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*