# PPP loan: GEM CITY FORD, INC
> **$513K** approved 04/06/2020 · Paid in Full · Loan `6205757008`
## Borrower
- **Name:** GEM CITY FORD, INC
- **Address:** 5101 BROADWAY ST, QUINCY, IL, 62305-9124
- **NAICS:** 441110
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $513K
- **Initial approval:** $513K
- **Forgiven:** $518K (101%)
- **Forgiveness date:** 04/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $513K
- **Jobs reported:** 68
## Lender
- **Originating:** HOMEBANK
- **Servicing:** HOMEBANK (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*