PPP Loan information for Gem engineering inc.

$97,400

Gem engineering inc. was initially approved for PPP Loan of amount $97,400, the current approved amount is $97,400. The loan was approved on 04/07/2020 by The State Bank of Southern Utah reported 7 jobs and $97,400 was used to fund payroll.

Gem engineering inc. is Existing or more than 2 years old

PPP Loan Search / UT / CEDAR CITY / Gem engineering inc.

GEM ENGINEERING INC.

Date Approved

04/07/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

GEM ENGINEERING INC.

Borrower Address

485 N AVIATION WAY

Borrower City

CEDAR CITY

Borrower State

UT

Borrower Zip

84721-8602

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97400.00

Current Approval Amount

97400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72214

Servicing Lender Name

State Bank of Southern Utah

Servicing Lender Address

377 N Main St

Servicing Lender City

CEDAR CITY

Servicing Lender State

UT

Servicing Lender Zip

84721-2639

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDAR CITY

Project County Name

IRON

Project State

UT

Project Zip

84721-8602

CD

UT-02

Jobs Reported

7

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

97400.00

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

72214

Originating Lender

State Bank of Southern Utah

Originating Lender City

CEDAR CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

97984.40

Forgiveness Date

11/19/2020

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