PPP Loan information for Gems group inc

$537,892

Gems group inc was initially approved for PPP Loan of amount $537,900, the current approved amount is $537,892. The loan was approved on 04/27/2020 by The LendingClub Bank, National Association reported 36 jobs and $537,892 was used to fund payroll.

Gems group inc is Existing or more than 2 years old

GEMS GROUP INC

Date Approved

04/27/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

GEMS GROUP INC

Borrower Address

6705 NW 36th St STE 490

Borrower City

Miami

Borrower State

FL

Borrower Zip

33166

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

537900.00

Current Approval Amount

537892.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111901

Servicing Lender Name

LendingClub Bank, National Association

Servicing Lender Address

2701 N Thanksgiving Way

Servicing Lender City

LEHI

Servicing Lender State

UT

Servicing Lender Zip

84043

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Miami

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33166-0001

CD

FL-26

Jobs Reported

36

NAICS Code

424930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

537892.00

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

111901

Originating Lender

LendingClub Bank, National Association

Originating Lender City

LEHI

Originating Lender State

UT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

542718.09

Forgiveness Date

03/25/2021

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