# PPP loan: GILK PLUMBING HEATING AND AC LLC
> **$161K** approved 04/09/2020 · Paid in Full · Loan `8850317007`
## Borrower
- **Name:** GILK PLUMBING HEATING AND AC LLC
- **Address:** 13 Main St W, RICHMOND, MN, 56368-4545
- **NAICS:** 238220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $140K
- **Rent:** $18K
- **Utilities:** $3K
- **Jobs reported:** 15
## Lender
- **Originating:** Magnifi Financial CU
- **Servicing:** Magnifi Financial CU (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*