PPP Loan information for Jem industries, inc.

$53,500

Jem industries, inc. was initially approved for PPP Loan of amount $53,500, the current approved amount is $53,500. The loan was approved on 04/11/2020 by The Independent Bank reported 5 jobs and $53,500 was used to fund payroll.

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

PPP Loan Search / MI / WARREN / Jem industries, inc.

JEM INDUSTRIES, INC.

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

JEM INDUSTRIES, INC.

Borrower Address

25600 DEQUINDRE RD

Borrower City

WARREN

Borrower State

MI

Borrower Zip

48091-3737

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53500.00

Current Approval Amount

53500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WARREN

Project County Name

MACOMB

Project State

MI

Project Zip

48091-3737

CD

MI-10

Jobs Reported

5

NAICS Code

423810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

53500.00

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

Subchapter S Corporation

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

53929.47

Forgiveness Date

02/04/2021

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