# PPP loan: GILAMCO, INC.
> **$554K** approved 04/15/2020 · Paid in Full · Loan `9493067108`
## Borrower
- **Name:** GILAMCO, INC.
- **Address:** 6 & BOARDWALK, PO BOX 365, OCEAN CITY, NJ, 08226-0365
- **NAICS:** 713110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $554K
- **Initial approval:** $276K
- **Forgiven:** $558K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $554K
- **Jobs reported:** 80
## Lender
- **Originating:** Quaint Oak Bank
- **Servicing:** Quaint Oak Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*