PPP Loan information for Bem systems inc

$730,678

Bem systems inc was initially approved for PPP Loan of amount $730,678, the current approved amount is $730,678. The loan was approved on 04/29/2020 by The Lakeland Bank reported 39 jobs and $730,678 was used to fund payroll.

Bem systems inc is Existing or more than 2 years old

PPP Loan Search / NJ / CHATHAM / Bem systems inc

BEM SYSTEMS INC

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BEM SYSTEMS INC

Borrower Address

100 Passaic Ave

Borrower City

CHATHAM

Borrower State

NJ

Borrower Zip

07928

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

730677.50

Current Approval Amount

730677.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHATHAM

Project County Name

MORRIS

Project State

NJ

Project Zip

07928-0001

CD

NJ-11

Jobs Reported

39

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

730677.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

735487.79

Forgiveness Date

01/11/2021

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