PPP Loan information for Gem-ash processing, llc

$39,992

Gem-ash processing, llc was initially approved for PPP Loan of amount $40,100, the current approved amount is $39,992. The loan was approved on 04/04/2020 by The Loan Source Incorporated reported 4 jobs and $39,992 was used to fund payroll.

Gem-ash processing, llc is Existing or more than 2 years old

GEM-ASH PROCESSING, LLC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GEM-ASH PROCESSING, LLC

Borrower Address

706 N ARM DR

Borrower City

MOUND

Borrower State

MN

Borrower Zip

55364-8211

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40100.00

Current Approval Amount

39992.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUND

Project County Name

HENNEPIN

Project State

MN

Project Zip

55364-8211

CD

MN-03

Jobs Reported

4

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3892.00

Payroll Proceed

30600.00

Mortgage Interest Proceed

0.00

Rent Proceed

5500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40360.15

Forgiveness Date

03/16/2021

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