PPP Loan information for Gem state paper & supply co.

$700,000

Gem state paper & supply co. was initially approved for PPP Loan of amount $700,000, the current approved amount is $700,000. The loan was approved on 04/03/2020 by The First Federal Savings Bank of Twin Falls reported 79 jobs and $700,000 was used to fund payroll.

Gem state paper & supply co. is Existing or more than 2 years old

PPP Loan Search / ID / TWIN FALLS / Gem state paper & supply co.

GEM STATE PAPER & SUPPLY CO.

Date Approved

04/03/2020

SBA Office Code

1087

Processing Method

PPP

Borrower Name

GEM STATE PAPER & SUPPLY CO.

Borrower Address

1801 HIGHLAND AVE

Borrower City

TWIN FALLS

Borrower State

ID

Borrower Zip

83301-7923

Loan Status Date

01/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

700000.00

Current Approval Amount

700000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80257

Servicing Lender Name

First Federal Savings Bank of Twin Falls

Servicing Lender Address

383 Shoshone St North

Servicing Lender City

TWIN FALLS

Servicing Lender State

ID

Servicing Lender Zip

83301-6152

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TWIN FALLS

Project County Name

TWIN FALLS

Project State

ID

Project Zip

83301-7923

CD

ID-02

Jobs Reported

79

NAICS Code

424110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

560000.00

Mortgage Interest Proceed

70000.00

Rent Proceed

70000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

80257

Originating Lender

First Federal Savings Bank of Twin Falls

Originating Lender City

TWIN FALLS

Originating Lender State

ID

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

704832.88

Forgiveness Date

12/28/2020

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