PPP Loan information for Jem financial group, inc.

$177,490

Jem financial group, inc. was initially approved for PPP Loan of amount $224,954, the current approved amount is $177,490. The loan was approved on 04/08/2020 by The Loan Source Incorporated reported 14 jobs and $177,490 was used to fund payroll.

Jem financial group, inc. is Existing or more than 2 years old

JEM FINANCIAL GROUP, INC.

Date Approved

04/08/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

JEM FINANCIAL GROUP, INC.

Borrower Address

330 WILSHIRE BLVD

Borrower City

SANTA MONICA

Borrower State

CA

Borrower Zip

90401-1312

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

224954.00

Current Approval Amount

177490.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SANTA MONICA

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90401-1312

CD

CA-36

Jobs Reported

14

NAICS Code

541211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

245.00

Payroll Proceed

152900.00

Mortgage Interest Proceed

0.00

Rent Proceed

13500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10845.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

90426

Originating Lender

Pacific Premier Bank

Originating Lender City

IRVINE

Originating Lender State

CA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

179770.62

Forgiveness Date

07/28/2021

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