# PPP loan: GEM LIMOUSINE SERVICE, INC.
> **$1.10M** approved 04/10/2020 · Exemption 4 · Loan `1762757106`
## Borrower
- **Name:** GEM LIMOUSINE SERVICE, INC.
- **Address:** 70 Amboy Avenue, Woodbridge, NJ, 07095-2602
- **NAICS:** 485320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.10M
- **Initial approval:** $1.10M
- **Forgiven:** $233K (21%)
- **Forgiveness date:** 08/09/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.10M
- **Jobs reported:** 160
## Lender
- **Originating:** Manasquan Bank
- **Servicing:** Manasquan Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*