PPP Loan information for Gem payroll company

$2,574,815

Gem payroll company was initially approved for PPP Loan of amount $2,574,815, the current approved amount is $2,574,815. The loan was approved on 04/13/2020 by The Great Southern Bank reported 192 jobs and $2,574,815 was used to fund payroll.

Gem payroll company is Existing or more than 2 years old

PPP Loan Search / IL / CHICAGO / Gem payroll company

GEM PAYROLL COMPANY

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

GEM PAYROLL COMPANY

Borrower Address

55 E Jackson BLVD, STE 500

Borrower City

CHICAGO

Borrower State

IL

Borrower Zip

60604-3852

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2574815.00

Current Approval Amount

2574815.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82034

Servicing Lender Name

Great Southern Bank

Servicing Lender Address

218 S. Glenstone

Servicing Lender City

Springfield

Servicing Lender State

MO

Servicing Lender Zip

65802

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHICAGO

Project County Name

COOK

Project State

IL

Project Zip

60604-3852

CD

IL-07

Jobs Reported

192

NAICS Code

541214

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2480649.00

Mortgage Interest Proceed

0.00

Rent Proceed

94166.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

82034

Originating Lender

Great Southern Bank

Originating Lender City

Springfield

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2604568.42

Forgiveness Date

06/11/2021

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