# PPP loan: THE GEM COLLECTION INC
> **$185K** approved 05/01/2020 · Paid in Full · Loan `5042357703`
## Borrower
- **Name:** THE GEM COLLECTION INC
- **Address:** 3501 THOMASVILLE RD, TALLAHASSEE, FL, 32309-3405
- **NAICS:** 448310
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $185K
- **Initial approval:** $185K
- **Forgiven:** $186K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $185K
- **Jobs reported:** 20
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*