PPP Loan information for Jem foods, llc

$129,800

Jem foods, llc was initially approved for PPP Loan of amount $129,800, the current approved amount is $129,800. The loan was approved on 04/09/2020 by The Old National Bank reported 42 jobs and $129,800 was used to fund payroll.

Jem foods, llc is Existing or more than 2 years old

PPP Loan Search / MN / WAYZATA / Jem foods, llc

JEM FOODS, LLC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

JEM FOODS, LLC

Borrower Address

3340 SHORELINE DR

Borrower City

WAYZATA

Borrower State

MN

Borrower Zip

55391-9800

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

129800.00

Current Approval Amount

129800.00

Undisbursed Amount

0.00

Franchise Name

Culver's ButterBurgers & Frozen Custard

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAYZATA

Project County Name

HENNEPIN

Project State

MN

Project Zip

55391-9800

CD

MN-03

Jobs Reported

42

NAICS Code

447110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

129800.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

130742.38

Forgiveness Date

01/08/2021

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