PPP Loan information for Gem-l, inc

$108,200

Gem-l, inc was initially approved for PPP Loan of amount $108,200, the current approved amount is $108,200. The loan was approved on 04/05/2020 by The The First National Bank in Sioux Falls reported 8 jobs and $108,200 was used to fund payroll.

Gem-l, inc is Existing or more than 2 years old

PPP Loan Search / SD / BRANDON / Gem-l, inc

GEM-L, INC

Date Approved

04/05/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

GEM-L, INC

Borrower Address

48185 SD Hwy 42

Borrower City

BRANDON

Borrower State

SD

Borrower Zip

57005-7222

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108200.00

Current Approval Amount

108200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66602

Servicing Lender Name

The First National Bank in Sioux Falls

Servicing Lender Address

100 S Phillips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6745

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRANDON

Project County Name

MINNEHAHA

Project State

SD

Project Zip

57005-7222

CD

SD-

Jobs Reported

8

NAICS Code

333924

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

108200.00

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

66602

Originating Lender

The First National Bank in Sioux Falls

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

109169.35

Forgiveness Date

03/09/2021

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