# PPP loan: GEM EQUIPMENT & MANUFACTURING, LLC
> **$213K** approved 04/09/2020 · Paid in Full · Loan `1040997106`
## Borrower
- **Name:** GEM EQUIPMENT & MANUFACTURING, LLC
- **Address:** 1503 W FRONT ST, ROANOKE, IL, 61561-7431
- **NAICS:** 332710
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $215K (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $213K
- **Jobs reported:** 14
## Lender
- **Originating:** Morton Community Bank
- **Servicing:** Morton Community Bank (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*