PPP Loan information for Jem motorsports, inc.

$20,000

Jem motorsports, inc. was initially approved for PPP Loan of amount $20,000, the current approved amount is $20,000. The loan was approved on 04/28/2020 by The St. Anne's Credit Union reported 3 jobs and $20,000 was used to fund payroll.

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

PPP Loan Search / MA / NORTH DARTMOUTH / Jem motorsports, inc.

JEM MOTORSPORTS, INC.

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

JEM MOTORSPORTS, INC.

Borrower Address

851 STATE RD

Borrower City

NORTH DARTMOUTH

Borrower State

MA

Borrower Zip

02747-1814

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20000.00

Current Approval Amount

20000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98520

Servicing Lender Name

St. Anne's Credit Union

Servicing Lender Address

286 Oliver St

Servicing Lender City

FALL RIVER

Servicing Lender State

MA

Servicing Lender Zip

02724-2935

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH DARTMOUTH

Project County Name

BRISTOL

Project State

MA

Project Zip

02747-1814

CD

MA-09

Jobs Reported

3

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

16000.00

Mortgage Interest Proceed

2000.00

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

98520

Originating Lender

St. Anne's Credit Union

Originating Lender City

FALL RIVER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

19114.00

Forgiveness Date

12/10/2020

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