# PPP loan: GEM-CAP INC
> **$836K** approved 04/13/2020 · Paid in Full · Loan `4836357101`
## Borrower
- **Name:** GEM-CAP INC
- **Address:** 12007 RESEARCH BLVD Suite 103, AUSTIN, TX, 78759-2429
- **NAICS:** 423430
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $836K
- **Initial approval:** $836K
- **Forgiven:** $844K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $710K
- **Rent:** $75K
- **Utilities:** $50K
- **Jobs reported:** 56
## Lender
- **Originating:** TBK Bank, SSB
- **Servicing:** TBK Bank, SSB (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*