PPP Loan information for Gem financial services inc

$1,450,000

Gem financial services inc was initially approved for PPP Loan of amount $1,450,000, the current approved amount is $1,450,000. The loan was approved on 04/28/2020 by The Signature Bank reported 155 jobs and $1,450,000 was used to fund payroll.

Gem financial services inc is Existing or more than 2 years old

GEM FINANCIAL SERVICES INC

Date Approved

04/28/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

GEM FINANCIAL SERVICES INC

Borrower Address

98 ROCKWELL PL, SUITE 2

Borrower City

BROOKLYN

Borrower State

NY

Borrower Zip

11217

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1450000.00

Current Approval Amount

1450000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224478

Servicing Lender Name

Signature Bank

Servicing Lender Address

565 5th Ave, 12th Fl

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10017-2496

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKLYN

Project County Name

KINGS

Project State

NY

Project Zip

11217-0001

CD

NY-10

Jobs Reported

155

NAICS Code

522298

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1450000.00

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

Subchapter S Corporation

Originating Lender Location Id

224478

Originating Lender

Signature Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1468432.88

Forgiveness Date

08/13/2021

;