# PPP loan: GIBSON HYDRAULICS, INC.
> **$159K** approved 04/15/2020 · Paid in Full · Loan `8657477105`
## Borrower
- **Name:** GIBSON HYDRAULICS, INC.
- **Address:** 16209 N. FLORIDA AVE, LUTZ, FL, 33549-6130
- **NAICS:** 811310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $133K
- **Rent:** $8K
- **Utilities:** $3K
- **Health care:** $15K
- **Jobs reported:** 13
## Lender
- **Originating:** Century Bank of Florida
- **Servicing:** Century Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*