PPP Loan information for Gems international inc

$15,000

Gems international inc was initially approved for PPP Loan of amount $15,000, the current approved amount is $15,000. The loan was approved on 04/27/2020 by The Northern Bank and Trust Company reported 2 jobs and $15,000 was used to fund payroll.

Gems international inc is Existing or more than 2 years old

GEMS INTERNATIONAL INC

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

GEMS INTERNATIONAL INC

Borrower Address

16 ALLENDALE AVE

Borrower City

BILLERICA

Borrower State

MA

Borrower Zip

01821

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15000.00

Current Approval Amount

15000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33494

Servicing Lender Name

Northern Bank and Trust Company

Servicing Lender Address

275 Mishawum Rd, Ste 100

Servicing Lender City

WOBURN

Servicing Lender State

MA

Servicing Lender Zip

01801-8804

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

01821-0001

CD

MA-03

Jobs Reported

2

NAICS Code

423940

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

15000.00

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

33494

Originating Lender

Northern Bank and Trust Company

Originating Lender City

WOBURN

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

15100.83

Forgiveness Date

01/08/2021

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