# PPP loan: GEHLAWAT MEDICAL CORPORATION
> **$251K** approved 04/09/2020 · Paid in Full · Loan `8886107005`
## Borrower
- **Name:** GEHLAWAT MEDICAL CORPORATION
- **Address:** 1404 Avenida Sabia, Bakersfield, CA, 93309
- **NAICS:** 621493
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $251K
- **Initial approval:** $251K
- **Forgiven:** $254K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $251K
- **Jobs reported:** 6
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*