PPP Loan information for Nema associates inc.

$112,500

Nema associates inc. was initially approved for PPP Loan of amount $112,500, the current approved amount is $112,500. The loan was approved on 01/31/2021 by The JPMorgan Chase Bank, National Association reported 10 jobs and $112,500 was used to fund payroll.

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

NEMA ASSOCIATES INC.

Date Approved

01/31/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

NEMA ASSOCIATES INC.

Borrower Address

408 E Elizabeth Ave

Borrower City

Linden

Borrower State

NJ

Borrower Zip

07036-3041

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

112500.00

Current Approval Amount

112500.00

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

07036-3041

CD

NJ-07

Jobs Reported

10

NAICS Code

541850

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

112500.00

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

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

113311.56

Forgiveness Date

10/26/2021

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