Date Approved
04/15/2020
SBA Office Code
0474
Processing Method
PPP
Borrower Name
GEM TECHNOLOGIES, INC
Borrower Address
2033 CASTAIC LN
Borrower City
KNOXVILLE
Borrower State
TN
Borrower Zip
37932-1557
Loan Status Date
03/11/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
3900000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
66985
Servicing Lender Name
Mountain Commerce Bank
Servicing Lender Address
6101 Kingston Pk
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
37919-4020
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
KNOX
Project State
Project Zip
CD
TN-02
Jobs Reported
279
NAICS Code
561210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
3315000.00
Mortgage Interest Proceed
585000.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
3944416.67
Forgiveness Date
06/09/2021