# PPP loan: GEM HOSPITALITY LLC
> **$483K** approved 03/12/2021 · Paid in Full · Loan `9049588503`
## Borrower
- **Name:** GEM HOSPITALITY LLC
- **Address:** 5645 Meadow Wood Ln, Bloomfield Hills, MI, 48302-4030
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $483K
- **Initial approval:** $483K
- **Forgiven:** $489K (101%)
- **Forgiveness date:** 06/02/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $483K
- **Utilities:** $1
- **Jobs reported:** 49
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*