PPP Loan information for Gem drug corp

$112,900

Gem drug corp was initially approved for PPP Loan of amount $112,900, the current approved amount is $112,900. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 9 jobs and $112,900 was used to fund payroll.

Gem drug corp is Existing or more than 2 years old

GEM DRUG CORP

Date Approved

04/15/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

GEM DRUG CORP

Borrower Address

300 Morton Ave

Borrower City

Albany

Borrower State

NY

Borrower Zip

12209

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112900.00

Current Approval Amount

112900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Albany

Project County Name

ALBANY

Project State

NY

Project Zip

12209-0001

CD

NY-20

Jobs Reported

9

NAICS Code

446199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

112900.00

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

Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

114016.63

Forgiveness Date

04/26/2021

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