PPP Loan information for Gem products inc

$622,000

Gem products inc was initially approved for PPP Loan of amount $622,000, the current approved amount is $622,000. The loan was approved on 04/15/2020 by The Hancock Whitney Bank reported 42 jobs and $622,000 was used to fund payroll.

Gem products inc is Existing or more than 2 years old

PPP Loan Search / FL / JACKSONVILLE / Gem products inc

GEM PRODUCTS INC

Date Approved

04/15/2020

SBA Office Code

0491

Processing Method

PPP

Borrower Name

GEM PRODUCTS INC

Borrower Address

12770 FLAGLER CENTER BLVD

Borrower City

JACKSONVILLE

Borrower State

FL

Borrower Zip

32258-2631

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

622000.00

Current Approval Amount

622000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JACKSONVILLE

Project County Name

DUVAL

Project State

FL

Project Zip

32258-2631

CD

FL-05

Jobs Reported

42

NAICS Code

423910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

622000.00

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

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

628755.61

Forgiveness Date

05/18/2021

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