PPP Loan information for Gemcap development, llc

$121,175

Gemcap development, llc was initially approved for PPP Loan of amount $121,175, the current approved amount is $121,175. The loan was approved on 04/27/2020 by The Triad Business Bank reported 7 jobs and $121,175 was used to fund payroll.

Gemcap development, llc is Existing or more than 2 years old

PPP Loan Search / NC / WINSTON SALEM / Gemcap development, llc

GEMCAP DEVELOPMENT, LLC

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

GEMCAP DEVELOPMENT, LLC

Borrower Address

418 N. MARSHALL ST Suite 200

Borrower City

WINSTON SALEM

Borrower State

NC

Borrower Zip

27101-2979

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

121175.00

Current Approval Amount

121175.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

528466

Servicing Lender Name

Triad Business Bank

Servicing Lender Address

1501 Highwoods Blvd, Ste 103

Servicing Lender City

GREENSBORO

Servicing Lender State

NC

Servicing Lender Zip

27410-2051

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINSTON SALEM

Project County Name

FORSYTH

Project State

NC

Project Zip

27101-2979

CD

NC-05

Jobs Reported

7

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

121175.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

528466

Originating Lender

Triad Business Bank

Originating Lender City

GREENSBORO

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

122544.95

Forgiveness Date

06/16/2021

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