PPP Loan information for Gemco spirits inc

$25,788

Gemco spirits inc was initially approved for PPP Loan of amount $25,788, the current approved amount is $25,788. The loan was approved on 03/10/2021 by The Cambridge Savings Bank reported 1 jobs and $25,788 was used to fund payroll.

Gemco spirits inc is Existing or more than 2 years old

PPP Loan Search / MA / Billerica / Gemco spirits inc

GEMCO SPIRITS INC

Date Approved

03/10/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

GEMCO SPIRITS INC

Borrower Address

509 Middlesex Tpke

Borrower City

Billerica

Borrower State

MA

Borrower Zip

01821-3564

Loan Status Date

08/03/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25788.00

Current Approval Amount

25788.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Billerica

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01821-3564

CD

MA-03

Jobs Reported

1

NAICS Code

722513

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

25787.00

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

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

26128.54

Forgiveness Date

07/08/2022

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