# PPP loan: GEM AUTOMOTIVE, LLC
> **$578K** approved 04/09/2020 · Paid in Full · Loan `9973807006`
## Borrower
- **Name:** GEM AUTOMOTIVE, LLC
- **Address:** 7308 Cedar Run Drive, WARRENTON, VA, 20187-2212
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $578K
- **Initial approval:** $578K
- **Forgiven:** $586K (101%)
- **Forgiveness date:** 08/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $578K
- **Jobs reported:** 44
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*