PPP Loan information for Jem electrical llc

$64,549

Jem electrical llc was initially approved for PPP Loan of amount $64,549, the current approved amount is $64,549. The loan was approved on 04/13/2020 by The ChoiceOne Bank reported 5 jobs and $64,549 was used to fund payroll.

Jem electrical llc is Existing or more than 2 years old

PPP Loan Search / MI / ATTICA / Jem electrical llc

JEM ELECTRICAL LLC

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

JEM ELECTRICAL LLC

Borrower Address

3825 NEWARK RD

Borrower City

ATTICA

Borrower State

MI

Borrower Zip

48412-9661

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64549.00

Current Approval Amount

64549.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ATTICA

Project County Name

LAPEER

Project State

MI

Project Zip

48412-9661

CD

MI-09

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6455.50

Payroll Proceed

49698.00

Mortgage Interest Proceed

6455.50

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1940.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

65031.79

Forgiveness Date

01/20/2021

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