PPP Loan information for Jem hospitality inc

$48,926

Jem hospitality inc was initially approved for PPP Loan of amount $48,926, the current approved amount is $48,926. The loan was approved on 01/19/2021 by The Farmers & Merchants Bank & Trust reported 7 jobs and $48,926 was used to fund payroll.

Jem hospitality inc is Existing or more than 2 years old

JEM HOSPITALITY INC

Date Approved

01/19/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

JEM HOSPITALITY INC

Borrower Address

722 Main St

Borrower City

Wausaukee

Borrower State

WI

Borrower Zip

54177-9774

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

48926.00

Current Approval Amount

48926.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76187

Servicing Lender Name

Farmers & Merchants Bank & Trust

Servicing Lender Address

1644 Ludington St

Servicing Lender City

MARINETTE

Servicing Lender State

WI

Servicing Lender Zip

54143-1813

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wausaukee

Project County Name

MARINETTE

Project State

WI

Project Zip

54177-9774

CD

WI-08

Jobs Reported

7

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

48924.00

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

76187

Originating Lender

Farmers & Merchants Bank & Trust

Originating Lender City

MARINETTE

Originating Lender State

WI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49120.34

Forgiveness Date

06/15/2021

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