PPP Loan information for Jem appliance and electronics corp

$204,127

Jem appliance and electronics corp was initially approved for PPP Loan of amount $204,127, the current approved amount is $204,127. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 15 jobs and $204,127 was used to fund payroll.

Jem appliance and electronics corp is Existing or more than 2 years old

PPP Loan Search / NJ / WHIPPANY / Jem appliance and electronics corp

JEM APPLIANCE AND ELECTRONICS CORP

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

JEM APPLIANCE AND ELECTRONICS CORP

Borrower Address

14 TROY HILLS RD STE 3

Borrower City

WHIPPANY

Borrower State

NJ

Borrower Zip

07981

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

204127.00

Current Approval Amount

204127.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WHIPPANY

Project County Name

MORRIS

Project State

NJ

Project Zip

07981-0005

CD

NJ-11

Jobs Reported

15

NAICS Code

423720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2054.00

Payroll Proceed

163301.00

Mortgage Interest Proceed

0.00

Rent Proceed

38772.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

206772.03

Forgiveness Date

08/23/2021

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