PPP Loan information for Jem sales inc

$70,603

Jem sales inc was initially approved for PPP Loan of amount $70,603, the current approved amount is $70,603. The loan was approved on 04/10/2020 by The Tri-County Bank reported 6 jobs and $70,603 was used to fund payroll.

Jem sales inc is Existing or more than 2 years old

JEM SALES INC

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

JEM SALES INC

Borrower Address

3870 Gratiot Avenue

Borrower City

Port Huron

Borrower State

MI

Borrower Zip

48060-1536

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70602.50

Current Approval Amount

70602.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33642

Servicing Lender Name

Tri-County Bank

Servicing Lender Address

4222 Main St

Servicing Lender City

BROWN CITY

Servicing Lender State

MI

Servicing Lender Zip

48416

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Port Huron

Project County Name

SAINT CLAIR

Project State

MI

Project Zip

48060-1536

CD

MI-09

Jobs Reported

6

NAICS Code

541613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

70602.50

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

33642

Originating Lender

Tri-County Bank

Originating Lender City

BROWN CITY

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

71157.65

Forgiveness Date

01/26/2021

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