PPP Loan information for Gem electrical contracting, llc

$149,045

Gem electrical contracting, llc was initially approved for PPP Loan of amount $149,045, the current approved amount is $149,045. The loan was approved on 04/28/2020 by The American Express National Bank reported 14 jobs and $149,045 was used to fund payroll.

Gem electrical contracting, llc is Existing or more than 2 years old

PPP Loan Search / NJ / Clifton / Gem electrical contracting, llc

GEM ELECTRICAL CONTRACTING, LLC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

GEM ELECTRICAL CONTRACTING, LLC

Borrower Address

790 Bloomfield ave, A8

Borrower City

Clifton

Borrower State

NJ

Borrower Zip

07012

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

149045.00

Current Approval Amount

149045.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clifton

Project County Name

PASSAIC

Project State

NJ

Project Zip

07012-0301

CD

NJ-09

Jobs Reported

14

NAICS Code

238210

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

18630.63

Payroll Proceed

111783.74

Mortgage Interest Proceed

0.00

Rent Proceed

18630.63

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

150351.70

Forgiveness Date

03/25/2021

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