PPP Loan information for Gem manufacturing co., inc.

$986,800

Gem manufacturing co., inc. was initially approved for PPP Loan of amount $986,800, the current approved amount is $986,800. The loan was approved on 04/05/2020 by The Manufacturers and Traders Trust Company reported 101 jobs and $986,800 was used to fund payroll.

Gem manufacturing co., inc. is Existing or more than 2 years old

GEM MANUFACTURING CO., INC.

Date Approved

04/05/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

GEM MANUFACTURING CO., INC.

Borrower Address

78 BROOKSIDE RD

Borrower City

WATERBURY

Borrower State

CT

Borrower Zip

06708-1402

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

986800.00

Current Approval Amount

986800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WATERBURY

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06708-1402

CD

CT-05

Jobs Reported

101

NAICS Code

332119

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

986800.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

994180.72

Forgiveness Date

01/20/2021

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