PPP Loan information for Nema associates, inc

$152,965

Nema associates, inc was initially approved for PPP Loan of amount $152,965, the current approved amount is $152,965. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 11 jobs and $152,965 was used to fund payroll.

Nema associates, inc is Existing or more than 2 years old

PPP Loan Search / NJ / LINDEN / Nema associates, inc

NEMA ASSOCIATES, INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEMA ASSOCIATES, INC

Borrower Address

408 E ELIZABETH AVE

Borrower City

LINDEN

Borrower State

NJ

Borrower Zip

07036

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

152965.00

Current Approval Amount

152965.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LINDEN

Project County Name

UNION

Project State

NJ

Project Zip

07036-0001

CD

NJ-10

Jobs Reported

11

NAICS Code

541430

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

2500.00

Payroll Proceed

127617.00

Mortgage Interest Proceed

0.00

Rent Proceed

12948.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9900.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

143797.85

Forgiveness Date

12/02/2020

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