# PPP loan: J.E.M. AUTOMOTIVE, INC.
> **$889K** approved 04/05/2020 · Paid in Full · Loan `5344537007`
## Borrower
- **Name:** J.E.M. AUTOMOTIVE, INC.
- **Address:** 3300 W. DeYoung, MARION, IL, 62959-5885
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $889K
- **Initial approval:** $889K
- **Forgiven:** $896K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $889K
- **Jobs reported:** 92
## Lender
- **Originating:** Banterra Bank
- **Servicing:** Banterra Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*