PPP Loan information for Gem city ford, inc

$512,820

Gem city ford, inc was initially approved for PPP Loan of amount $512,820, the current approved amount is $512,820. The loan was approved on 04/06/2020 by The HOMEBANK reported 68 jobs and $512,820 was used to fund payroll.

Gem city ford, inc is Existing or more than 2 years old

GEM CITY FORD, INC

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

GEM CITY FORD, INC

Borrower Address

5101 BROADWAY ST

Borrower City

QUINCY

Borrower State

IL

Borrower Zip

62305-9124

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

512820.06

Current Approval Amount

512820.06

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41204

Servicing Lender Name

HOMEBANK

Servicing Lender Address

400 S Main St

Servicing Lender City

PALMYRA

Servicing Lender State

MO

Servicing Lender Zip

63461-1668

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

QUINCY

Project County Name

ADAMS

Project State

IL

Project Zip

62305-9124

CD

IL-15

Jobs Reported

68

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

512820.06

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

Sole Proprietorship

Originating Lender Location Id

41204

Originating Lender

HOMEBANK

Originating Lender City

PALMYRA

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

517962.51

Forgiveness Date

04/12/2021

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