# PPP loan: JEM CONCRETE DRILLING AND SAWING INC
> **$163K** approved 04/13/2020 · Paid in Full · Loan `4429987105`
## Borrower
- **Name:** JEM CONCRETE DRILLING AND SAWING INC
- **Address:** 12914 Industrial Park Drive, GRANGER, IN, 46530-8837
- **NAICS:** 238110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 08/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $163K
- **Jobs reported:** 14
## Lender
- **Originating:** 1st Source Bank
- **Servicing:** 1st Source Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*