PPP Loan information for Gemel precision tool co inc

$390,831

Gemel precision tool co inc was initially approved for PPP Loan of amount $390,831, the current approved amount is $390,831. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 26 jobs and $390,831 was used to fund payroll.

Gemel precision tool co inc is Existing or more than 2 years old

PPP Loan Search / PA / WARMINSTER / Gemel precision tool co inc

GEMEL PRECISION TOOL CO INC

Date Approved

05/01/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

GEMEL PRECISION TOOL CO INC

Borrower Address

31 INDUSTRIAL DR

Borrower City

WARMINSTER

Borrower State

PA

Borrower Zip

18974

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

390831.00

Current Approval Amount

390831.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WARMINSTER

Project County Name

BUCKS

Project State

PA

Project Zip

18974-0001

CD

PA-01

Jobs Reported

26

NAICS Code

332119

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

390831.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

395253.28

Forgiveness Date

06/25/2021

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