PPP Loan information for Gem brand llc

$27,500

Gem brand llc was initially approved for PPP Loan of amount $27,500, the current approved amount is $27,500. The loan was approved on 04/28/2020 by The Valley National Bank reported 13 jobs and $27,500 was used to fund payroll.

Gem brand llc is New Business or 2 years or less

GEM BRAND LLC

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

GEM BRAND LLC

Borrower Address

2409 Acton Road

Borrower City

Vestavia Hills

Borrower State

AL

Borrower Zip

35243

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27500.00

Current Approval Amount

27500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Vestavia Hills

Project County Name

JEFFERSON

Project State

AL

Project Zip

35243-0001

CD

AL-06

Jobs Reported

13

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20372.83

Forgiveness Date

04/08/2021

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