PPP Loan information for Gem packaging systems inc

$36,562

Gem packaging systems inc was initially approved for PPP Loan of amount $36,562, the current approved amount is $36,562. The loan was approved on 04/27/2020 by The Valley National Bank reported 3 jobs and $36,562 was used to fund payroll.

Gem packaging systems inc is Existing or more than 2 years old

GEM PACKAGING SYSTEMS INC

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

GEM PACKAGING SYSTEMS INC

Borrower Address

122 5th Street

Borrower City

RIDGEFIELD PARK

Borrower State

NJ

Borrower Zip

07660-1336

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36562.00

Current Approval Amount

36562.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RIDGEFIELD PARK

Project County Name

BERGEN

Project State

NJ

Project Zip

07660-1336

CD

NJ-05

Jobs Reported

3

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

36562.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

36891.06

Forgiveness Date

03/23/2021

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