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 02/05/2021 by The JPMorgan Chase Bank, National Association reported 16 jobs and $204,127 was used to fund payroll.

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

JEM APPLIANCE AND ELECTRONICS CORP

Date Approved

02/05/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

JEM APPLIANCE AND ELECTRONICS CORP

Borrower Address

14 Troy Hills Rd Ste 3

Borrower City

Whippany

Borrower State

NJ

Borrower Zip

07981-1528

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

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

07981-1528

CD

NJ-11

Jobs Reported

16

NAICS Code

423620

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

204123.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

206855.38

Forgiveness Date

06/15/2022

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