PPP Loan information for Jemc corp

$206,900

Jemc corp was initially approved for PPP Loan of amount $206,900, the current approved amount is $206,900. The loan was approved on 04/30/2020 by The Mid Penn Bank reported 35 jobs and $206,900 was used to fund payroll.

Jemc corp is Existing or more than 2 years old

JEMC CORP

Date Approved

04/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

JEMC CORP

Borrower Address

1316 Jefferson Avenue

Borrower City

Manasquan

Borrower State

NJ

Borrower Zip

08736-1212

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

206900.00

Current Approval Amount

206900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61087

Servicing Lender Name

Mid Penn Bank

Servicing Lender Address

349 Union St

Servicing Lender City

MILLERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17061-1611

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Manasquan

Project County Name

MONMOUTH

Project State

NJ

Project Zip

08736-1212

CD

NJ-04

Jobs Reported

35

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

206900.00

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

Corporation

Originating Lender Location Id

61087

Originating Lender

Mid Penn Bank

Originating Lender City

MILLERSBURG

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

208514.97

Forgiveness Date

02/11/2021

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