PPP Loan information for Jem hospitality group llc

$119,562

Jem hospitality group llc was initially approved for PPP Loan of amount $119,562, the current approved amount is $119,562. The loan was approved on 04/11/2020 by The MVB Bank, Inc. reported 21 jobs and $119,562 was used to fund payroll.

Jem hospitality group llc is Existing or more than 2 years old

JEM HOSPITALITY GROUP LLC

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

JEM HOSPITALITY GROUP LLC

Borrower Address

640 E Jubal Early Drive

Borrower City

WINCHESTER

Borrower State

VA

Borrower Zip

22601-5177

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119562.00

Current Approval Amount

119562.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123130

Servicing Lender Name

MVB Bank, Inc.

Servicing Lender Address

301 Virginia Ave

Servicing Lender City

FAIRMONT

Servicing Lender State

WV

Servicing Lender Zip

26554-2777

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WINCHESTER

Project County Name

WINCHESTER CITY

Project State

VA

Project Zip

22601-5177

CD

VA-06

Jobs Reported

21

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

119562.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

123130

Originating Lender

MVB Bank, Inc.

Originating Lender City

FAIRMONT

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

120591.56

Forgiveness Date

02/26/2021

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