# PPP loan: GEM-EXCEL
> **$164K** approved 06/30/2020 · Paid in Full · Loan `7024828007`
## Borrower
- **Name:** GEM-EXCEL
- **Address:** 2100 OSUNA RD NE, ALBUQUERQUE, NM, 87113-1040
- **NAICS:** 541714
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $166K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $164K
- **Jobs reported:** 15
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*