# PPP loan: JEM CONTRACTORS INC
> **$322K** approved 01/21/2021 · Paid in Full · Loan `2759098305`
## Borrower
- **Name:** JEM CONTRACTORS INC
- **Address:** 11235 16th Ave SW, Burien, WA, 98146-3580
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $322K
- **Initial approval:** $322K
- **Forgiven:** $324K (101%)
- **Forgiveness date:** 11/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $322K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Coastal Community Bank
- **Servicing:** Coastal Community Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*