PPP Loan information for Jema-american, inc

$79,632

Jema-american, inc was initially approved for PPP Loan of amount $79,632, the current approved amount is $79,632. The loan was approved on 04/28/2020 by The Valley National Bank reported 6 jobs and $79,632 was used to fund payroll.

Jema-american, inc is Existing or more than 2 years old

PPP Loan Search / NJ / Middlesex / Jema-american, inc

JEMA-AMERICAN, INC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

JEMA-AMERICAN, INC

Borrower Address

824 South Avenue

Borrower City

Middlesex

Borrower State

NJ

Borrower Zip

08846

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79632.00

Current Approval Amount

79632.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Middlesex

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08846-0001

CD

NJ-12

Jobs Reported

6

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

79632.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

80189.42

Forgiveness Date

01/14/2021

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