# PPP loan: GEM PAVER SYSTEMS, INC.
> **$394K** approved 04/07/2020 · Paid in Full · Loan `7355447009`
## Borrower
- **Name:** GEM PAVER SYSTEMS, INC.
- **Address:** 9845 NW 118 Way, MIAMI, FL, 33178-1043
- **NAICS:** 327331
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $394K
- **Initial approval:** $394K
- **Forgiven:** $398K (101%)
- **Forgiveness date:** 03/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $296K
- **Utilities:** $99K
- **Jobs reported:** 41
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*