PPP Loan information for The new iem, llc

$4,002,200

The new iem, llc was initially approved for PPP Loan of amount $4,002,200, the current approved amount is $4,002,200. The loan was approved on 04/28/2020 by The Comerica Bank reported 212 jobs and $4,002,200 was used to fund payroll.

The new iem, llc is Existing or more than 2 years old

THE NEW IEM, LLC

Date Approved

04/28/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

THE NEW IEM, LLC

Borrower Address

48205 WARM SPRINGS BLVD

Borrower City

FREMONT

Borrower State

CA

Borrower Zip

94539-7654

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4002200.00

Current Approval Amount

4002200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FREMONT

Project County Name

ALAMEDA

Project State

CA

Project Zip

94539-7654

CD

CA-17

Jobs Reported

212

NAICS Code

335313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3201834.00

Mortgage Interest Proceed

800366.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4052116.33

Forgiveness Date

07/26/2021

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