PPP Loan information for Jem llc

$683,339

Jem llc was initially approved for PPP Loan of amount $683,339, the current approved amount is $683,339. The loan was approved on 04/06/2020 by The The Peoples Bank reported 85 jobs and $683,339 was used to fund payroll.

Jem llc is New Business or 2 years or less

JEM LLC

Date Approved

04/06/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

JEM LLC

Borrower Address

214 CAMILLIA ST

Borrower City

WAVELAND

Borrower State

MS

Borrower Zip

39576-2041

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

683339.00

Current Approval Amount

683339.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39155

Servicing Lender Name

The Peoples Bank

Servicing Lender Address

152 Lameuse St

Servicing Lender City

BILOXI

Servicing Lender State

MS

Servicing Lender Zip

39530-4214

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

WAVELAND

Project County Name

HANCOCK

Project State

MS

Project Zip

39576-2041

CD

MS-04

Jobs Reported

85

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

683339.00

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

39155

Originating Lender

The Peoples Bank

Originating Lender City

BILOXI

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

687173.29

Forgiveness Date

11/03/2020

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