PPP Loan information for Zems, inc

$73,945

Zems, inc was initially approved for PPP Loan of amount $73,945, the current approved amount is $73,945. The loan was approved on 08/07/2020 by The First Interstate Bank reported 6 jobs and $73,945 was used to fund payroll.

Zems, inc is Existing or more than 2 years old

ZEMS, INC

Date Approved

08/07/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

ZEMS, INC

Borrower Address

223 East 4th Ave

Borrower City

MILBANK

Borrower State

SD

Borrower Zip

57252-1821

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

73945.00

Current Approval Amount

73945.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILBANK

Project County Name

GRANT

Project State

SD

Project Zip

57252-1821

CD

SD-

Jobs Reported

6

NAICS Code

442110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

73945.00

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

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

74643.93

Forgiveness Date

07/26/2021

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