# PPP loan: GEM PRODUCTS INC
> **$622K** approved 04/15/2020 · Paid in Full · Loan `9681697106`
## Borrower
- **Name:** GEM PRODUCTS INC
- **Address:** 12770 FLAGLER CENTER BLVD, JACKSONVILLE, FL, 32258-2631
- **NAICS:** 423910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $622K
- **Initial approval:** $622K
- **Forgiven:** $629K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $622K
- **Jobs reported:** 42
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*