# PPP loan: GEM FOOD SERVICES, INC
> **$194K** approved 04/27/2020 · Paid in Full · Loan `3957957204`
## Borrower
- **Name:** GEM FOOD SERVICES, INC
- **Address:** 4310 AVENUE H, ROSENBERG, TX, 77471-2848
- **NAICS:** 311813
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 06/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $194K
- **Jobs reported:** 40
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Cadence Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*