PPP Loan information for Gem building corp

$253,400

Gem building corp was initially approved for PPP Loan of amount $253,400, the current approved amount is $253,400. The loan was approved on 04/10/2020 by The TowneBank reported 24 jobs and $253,400 was used to fund payroll.

Gem building corp is Existing or more than 2 years old

PPP Loan Search / VA / HAMPTON / Gem building corp

GEM BUILDING CORP

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

GEM BUILDING CORP

Borrower Address

2513 58th St

Borrower City

HAMPTON

Borrower State

VA

Borrower Zip

23661-1211

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

253400.00

Current Approval Amount

253400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HAMPTON

Project County Name

HAMPTON CITY

Project State

VA

Project Zip

23661-1211

CD

VA-03

Jobs Reported

24

NAICS Code

238130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

253400.00

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

Subchapter S Corporation

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

254892.24

Forgiveness Date

11/19/2020

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