PPP Loan information for Jem motorsports inc

$23,321

Jem motorsports inc was initially approved for PPP Loan of amount $23,321, the current approved amount is $23,321. The loan was approved on 03/20/2021 by The St. Anne's Credit Union reported 2 jobs and $23,321 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

03/20/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

JEM MOTORSPORTS INC

Borrower Address

851 State Rd

Borrower City

North Dartmouth

Borrower State

MA

Borrower Zip

02747-1814

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

23320.85

Current Approval Amount

23320.85

Undisbursed Amount

0.00

Franchise Name

Kawasaki - Dealer Term Sales and Service Agreement

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

2

NAICS Code

423910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

23318.85

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

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

23447.17

Forgiveness Date

10/06/2021

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