PPP Loan information for Sem enterprises inc

$177,240

Sem enterprises inc was initially approved for PPP Loan of amount $177,240, the current approved amount is $177,240. The loan was approved on 03/12/2021 by The Citizens Bank, National Association reported 40 jobs and $177,240 was used to fund payroll.

Sem enterprises inc is Existing or more than 2 years old

SEM ENTERPRISES INC

Date Approved

03/12/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SEM ENTERPRISES INC

Borrower Address

19400 Northline Rd

Borrower City

Southgate

Borrower State

MI

Borrower Zip

48195-2276

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

177240.00

Current Approval Amount

177240.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Southgate

Project County Name

WAYNE

Project State

MI

Project Zip

48195-2276

CD

MI-13

Jobs Reported

40

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

177236.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

178419.98

Forgiveness Date

11/17/2021

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