# PPP loan: L.A. GEM AND JEWELRY DESIGN INC
> **$704K** approved 02/03/2021 · Paid in Full · Loan `2597378400`
## Borrower
- **Name:** L.A. GEM AND JEWELRY DESIGN INC
- **Address:** 659 S Broadway Fl 7, Los Angeles, CA, 90014-2291
- **NAICS:** 423940
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $704K
- **Initial approval:** $704K
- **Forgiven:** $709K (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $704K
- **Utilities:** $1
- **Jobs reported:** 58
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*