PPP Loan information for Gem care, inc

$1,400,000

Gem care, inc was initially approved for PPP Loan of amount $1,400,000, the current approved amount is $1,400,000. The loan was approved on 04/15/2020 by The Mountain Commerce Bank reported 263 jobs and $1,400,000 was used to fund payroll.

Gem care, inc is Existing or more than 2 years old

PPP Loan Search / TN / KNOXVILLE / Gem care, inc

GEM CARE, INC

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

GEM CARE, INC

Borrower Address

10820 MURDOCK DR Suite 101

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37932-3275

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1400000.00

Current Approval Amount

1400000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66985

Servicing Lender Name

Mountain Commerce Bank

Servicing Lender Address

6101 Kingston Pk

Servicing Lender City

KNOXVILLE

Servicing Lender State

TN

Servicing Lender Zip

37919-4020

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KNOXVILLE

Project County Name

KNOX

Project State

TN

Project Zip

37932-3275

CD

TN-02

Jobs Reported

263

NAICS Code

561311

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1190000.00

Mortgage Interest Proceed

210000.00

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

66985

Originating Lender

Mountain Commerce Bank

Originating Lender City

KNOXVILLE

Originating Lender State

TN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1326815.74

Forgiveness Date

04/13/2021

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