PPP Loan information for Gem tool corporation

$127,400

Gem tool corporation was initially approved for PPP Loan of amount $127,400, the current approved amount is $127,400. The loan was approved on 04/08/2020 by The Summit CU reported 10 jobs and $127,400 was used to fund payroll.

Gem tool corporation is Existing or more than 2 years old

PPP Loan Search / WI / OAK CREEK / Gem tool corporation

GEM TOOL CORPORATION

Date Approved

04/08/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

GEM TOOL CORPORATION

Borrower Address

1125 W NORTHBRANCH DR

Borrower City

OAK CREEK

Borrower State

WI

Borrower Zip

53154-1432

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

127400.00

Current Approval Amount

127400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

108074

Servicing Lender Name

Summit CU

Servicing Lender Address

1709 Landmark Dr

Servicing Lender City

COTTAGE GROVE

Servicing Lender State

WI

Servicing Lender Zip

53527-8957

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OAK CREEK

Project County Name

MILWAUKEE

Project State

WI

Project Zip

53154-1432

CD

WI-01

Jobs Reported

10

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

127400.00

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

108074

Originating Lender

Summit CU

Originating Lender City

COTTAGE GROVE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

128642.59

Forgiveness Date

04/09/2021

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