# PPP loan: GEM QUALITY CORPORATION-SBA SMALL 7A TERM
> **$243K** approved 05/01/2020 · Paid in Full · Loan `4367887702`
## Borrower
- **Name:** GEM QUALITY CORPORATION-SBA SMALL 7A TERM
- **Address:** 5620 First Avenue, Brooklyn, NY, 11220
- **NAICS:** —
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $243K
- **Initial approval:** $243K
- **Forgiven:** $247K (101%)
- **Forgiveness date:** 09/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $243K
- **Jobs reported:** 19
## Lender
- **Originating:** TD Bank, National Association
- **Servicing:** TD Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*