PPP Loan information for Gem manufacturing, inc.

$567,192

Gem manufacturing, inc. was initially approved for PPP Loan of amount $567,192, the current approved amount is $567,192. The loan was approved on 04/11/2020 by The North Shore Bank reported 39 jobs and $567,192 was used to fund payroll.

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

GEM MANUFACTURING, INC.

Date Approved

04/11/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

GEM MANUFACTURING, INC.

Borrower Address

6919 51ST ST

Borrower City

KENOSHA

Borrower State

WI

Borrower Zip

53144-1741

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

567192.00

Current Approval Amount

567192.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79978

Servicing Lender Name

North Shore Bank

Servicing Lender Address

15700 W Bluemound Rd

Servicing Lender City

BROOKFIELD

Servicing Lender State

WI

Servicing Lender Zip

53005-6024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KENOSHA

Project County Name

KENOSHA

Project State

WI

Project Zip

53144-1741

CD

WI-01

Jobs Reported

39

NAICS Code

333517

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7988.62

Payroll Proceed

472327.14

Mortgage Interest Proceed

0.00

Rent Proceed

22967.28

Refinance EIDL Proceed

0.00

Health Care Proceed

43937.41

Debt Interest Proceed

19971.55

Business Type

Corporation

Originating Lender Location Id

79978

Originating Lender

North Shore Bank

Originating Lender City

BROOKFIELD

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

571729.54

Forgiveness Date

02/04/2021

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