# PPP loan: A. L. GILBERT COMPANY
> **$3.24M** approved 04/08/2020 · Paid in Full · Loan `8685037001`
## Borrower
- **Name:** A. L. GILBERT COMPANY
- **Address:** 304 N Yosemite Ave, OAKDALE, CA, 95361-3140
- **NAICS:** 311119
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.24M
- **Initial approval:** $3.24M
- **Forgiven:** $3.28M (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.59M
- **Mortgage interest:** $188K
- **Utilities:** $313K
- **Debt interest:** $147K
- **Jobs reported:** 218
## Lender
- **Originating:** Bank of Stockton
- **Servicing:** Bank of Stockton (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*