# PPP loan: GEMCRAFT HOMES, INC.
> **$454K** approved 04/05/2020 · Paid in Full · Loan `5301297007`
## Borrower
- **Name:** GEMCRAFT HOMES, INC.
- **Address:** 222 N. Constitution Avenue, NEW FREEDOM, PA, 17349-7938
- **NAICS:** 236116
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $454K
- **Initial approval:** $454K
- **Forgiven:** $457K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $433K
- **Mortgage interest:** $5K
- **Utilities:** $16K
- **Jobs reported:** 51
## Lender
- **Originating:** Harford Bank
- **Servicing:** Harford Bank (MD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*