# PPP loan: JEM INSURANCE AGENCY
> **$155K** approved 05/15/2020 · Paid in Full · Loan `7019387408`
## Borrower
- **Name:** JEM INSURANCE AGENCY
- **Address:** 10550 RICHMOND AVE #190, HOUSTON, TX, 77042-5126
- **NAICS:** 524210
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $79K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 11/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Jobs reported:** 30
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*