# PPP loan: JEM ENTERPRISE, INC
> **$170K** approved 04/14/2020 · Paid in Full · Loan `7956517110`
## Borrower
- **Name:** JEM ENTERPRISE, INC
- **Address:** 3242 Rte 31 PO Box 196, ACME, PA, 15610
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $171K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $170K
- **Jobs reported:** 21
## Lender
- **Originating:** Somerset Trust Company
- **Servicing:** Somerset Trust Company (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*