PPP Loan information for Gemco machine & tool, inc

$52,232

Gemco machine & tool, inc was initially approved for PPP Loan of amount $52,232, the current approved amount is $52,232. The loan was approved on 04/15/2020 by The The Park National Bank reported 7 jobs and $52,232 was used to fund payroll.

Gemco machine & tool, inc is Existing or more than 2 years old

PPP Loan Search / OH / NEWARK / Gemco machine & tool, inc

GEMCO MACHINE & TOOL, INC

Date Approved

04/15/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

GEMCO MACHINE & TOOL, INC

Borrower Address

88 Decrow Ave

Borrower City

NEWARK

Borrower State

OH

Borrower Zip

43055

Loan Status Date

09/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52232.00

Current Approval Amount

52232.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWARK

Project County Name

LICKING

Project State

OH

Project Zip

43055-0001

CD

OH-12

Jobs Reported

7

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10446.00

Payroll Proceed

41786.00

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

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

45749.67

Forgiveness Date

04/01/2021

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