PPP Loan information for Gem, inc.

$515,000

Gem, inc. was initially approved for PPP Loan of amount $515,000, the current approved amount is $515,000. The loan was approved on 04/09/2020 by The Washington Trust Bank reported 75 jobs and $515,000 was used to fund payroll.

Gem, inc. is Unanswered

GEM, INC.

Date Approved

04/09/2020

SBA Office Code

1094

Processing Method

PPP

Borrower Name

GEM, INC.

Borrower Address

3200 E. TRENT AVE Ste #4

Borrower City

SPOKANE

Borrower State

WA

Borrower Zip

99202-4411

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

515000.00

Current Approval Amount

515000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74899

Servicing Lender Name

Washington Trust Bank

Servicing Lender Address

717 W Sprague Ave

Servicing Lender City

SPOKANE

Servicing Lender State

WA

Servicing Lender Zip

99201-3915

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

SPOKANE

Project County Name

SPOKANE

Project State

WA

Project Zip

99202-4411

CD

WA-05

Jobs Reported

75

NAICS Code

423120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

515000.00

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

Corporation

Originating Lender Location Id

74899

Originating Lender

Washington Trust Bank

Originating Lender City

SPOKANE

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

518485.07

Forgiveness Date

12/22/2020

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