PPP Loan information for Jems contracting inc

$84,648

Jems contracting inc was initially approved for PPP Loan of amount $84,648, the current approved amount is $84,648. The loan was approved on 04/15/2020 by The Farmers & Merchants Bank reported 6 jobs and $84,648 was used to fund payroll.

Jems contracting inc is Existing or more than 2 years old

PPP Loan Search / MD / WESTMINSTER / Jems contracting inc

JEMS CONTRACTING INC

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

JEMS CONTRACTING INC

Borrower Address

142 Railroad Ave

Borrower City

WESTMINSTER

Borrower State

MD

Borrower Zip

21157

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

84648.00

Current Approval Amount

84648.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30550

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

15226 Hanover Pike

Servicing Lender City

UPPERCO

Servicing Lender State

MD

Servicing Lender Zip

21155-9749

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTMINSTER

Project County Name

CARROLL

Project State

MD

Project Zip

21157-0001

CD

MD-02

Jobs Reported

6

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

84648.00

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

30550

Originating Lender

Farmers & Merchants Bank

Originating Lender City

UPPERCO

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

85394.76

Forgiveness Date

03/08/2021

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