PPP Loan information for Gem automotive, llc

$578,200

Gem automotive, llc was initially approved for PPP Loan of amount $578,200, the current approved amount is $578,200. The loan was approved on 04/09/2020 by The BMO Harris Bank National Association reported 44 jobs and $578,200 was used to fund payroll.

Gem automotive, llc is Existing or more than 2 years old

GEM AUTOMOTIVE, LLC

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

GEM AUTOMOTIVE, LLC

Borrower Address

7308 Cedar Run Drive

Borrower City

WARRENTON

Borrower State

VA

Borrower Zip

20187-2212

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

578200.00

Current Approval Amount

578200.00

Undisbursed Amount

0.00

Franchise Name

Jeep - Sales and Service Agreement

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WARRENTON

Project County Name

FAUQUIER

Project State

VA

Project Zip

20187-2212

CD

VA-10

Jobs Reported

44

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

578200.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

585772.04

Forgiveness Date

08/13/2021

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