PPP Loan information for Gem welding inc

$122,792

Gem welding inc was initially approved for PPP Loan of amount $122,792, the current approved amount is $122,792. The loan was approved on 04/30/2020 by The TD Bank, National Association reported 5 jobs and $122,792 was used to fund payroll.

Gem welding inc is Existing or more than 2 years old

GEM WELDING INC

Date Approved

04/30/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

GEM WELDING INC

Borrower Address

12 Republic Road

Borrower City

North Billerica

Borrower State

MA

Borrower Zip

01862

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

122792.00

Current Approval Amount

122792.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Billerica

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01862-0001

CD

MA-03

Jobs Reported

5

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

122792.00

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

Corporation

Originating Lender Location Id

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

123886.90

Forgiveness Date

03/25/2021

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