PPP Loan information for Gemco, inc.

$129,800

Gemco, inc. was initially approved for PPP Loan of amount $129,800, the current approved amount is $129,800. The loan was approved on 04/30/2020 by The 1st Bank Yuma reported 14 jobs and $129,800 was used to fund payroll.

Gemco, inc. is New Business or 2 years or less

GEMCO, INC.

Date Approved

04/30/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

GEMCO, INC.

Borrower Address

22 CALLE CRISTINA

Borrower City

RIO RICO

Borrower State

AZ

Borrower Zip

85648

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

129800.00

Current Approval Amount

129800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

233059

Servicing Lender Name

1st Bank Yuma

Servicing Lender Address

2799 S 4th Ave

Servicing Lender City

YUMA

Servicing Lender State

AZ

Servicing Lender Zip

85364-7255

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

RIO RICO

Project County Name

SANTA CRUZ

Project State

AZ

Project Zip

85648-0001

CD

AZ-07

Jobs Reported

14

NAICS Code

424410

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

129800.00

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

233059

Originating Lender

1st Bank Yuma

Originating Lender City

YUMA

Originating Lender State

AZ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

130777.11

Forgiveness Date

01/28/2021

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