# PPP loan: GEM FRESHCO LLC
> **$562K** approved 04/10/2020 · Paid in Full · Loan `1618737106`
## Borrower
- **Name:** GEM FRESHCO LLC
- **Address:** 3586 OLEANDER AVE 0.0, FORT PIERCE, FL, 34982-6509
- **NAICS:** 311421
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $562K
- **Initial approval:** $562K
- **Forgiven:** $569K (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $449K
- **Rent:** $28K
- **Utilities:** $61K
- **Health care:** $20K
- **Debt interest:** $3K
- **Jobs reported:** 69
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*