PPP Loan information for Gem electrical contracting llc

$165,000

Gem electrical contracting llc was initially approved for PPP Loan of amount $165,000, the current approved amount is $165,000. The loan was approved on 04/22/2021 by The Manufacturers and Traders Trust Company reported 14 jobs and $165,000 was used to fund payroll.

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

GEM ELECTRICAL CONTRACTING LLC

Date Approved

04/22/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

GEM ELECTRICAL CONTRACTING LLC

Borrower Address

790 Bloomfield Ave Ste A8

Borrower City

Clifton

Borrower State

NJ

Borrower Zip

07012-1124

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

165000.00

Current Approval Amount

165000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

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

07012-1124

CD

NJ-09

Jobs Reported

14

NAICS Code

238210

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

164996.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

165872.47

Forgiveness Date

11/03/2021

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