PPP Loan information for Jema american inc

$82,500

Jema american inc was initially approved for PPP Loan of amount $82,500, the current approved amount is $82,500. The loan was approved on 01/30/2021 by The Valley National Bank reported 5 jobs and $82,500 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

01/30/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

JEMA AMERICAN INC

Borrower Address

824 South Ave

Borrower City

Middlesex

Borrower State

NJ

Borrower Zip

08846-2259

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

82500.00

Current Approval Amount

82500.00

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

08846-2259

CD

NJ-06

Jobs Reported

5

NAICS Code

325510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

82497.00

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

82953.75

Forgiveness Date

09/07/2021

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