PPP Loan information for Gemco spirits inc

$23,525

Gemco spirits inc was initially approved for PPP Loan of amount $23,525, the current approved amount is $23,525. The loan was approved on 04/28/2020 by The Cambridge Savings Bank reported 5 jobs and $23,525 was used to fund payroll.

Gemco spirits inc is Existing or more than 2 years old

GEMCO SPIRITS INC

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

GEMCO SPIRITS INC

Borrower Address

509 MIDDLESEX TPKE

Borrower City

BILLERICA

Borrower State

MA

Borrower Zip

01821-3564

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23525.00

Current Approval Amount

23525.00

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

5

NAICS Code

445310

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

23525.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

23732.54

Forgiveness Date

03/18/2021

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