PPP Loan information for Gema retails inc

$63,600

Gema retails inc was initially approved for PPP Loan of amount $63,600, the current approved amount is $63,600. The loan was approved on 04/27/2020 by The First United Bank & Trust reported 14 jobs and $63,600 was used to fund payroll.

Gema retails inc is Existing or more than 2 years old

GEMA RETAILS INC

Date Approved

04/27/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

GEMA RETAILS INC

Borrower Address

980 Foxcroft Avenue

Borrower City

Martinsburg

Borrower State

WV

Borrower Zip

25401

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63600.00

Current Approval Amount

63600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30767

Servicing Lender Name

First United Bank & Trust

Servicing Lender Address

19 S 2nd St

Servicing Lender City

OAKLAND

Servicing Lender State

MD

Servicing Lender Zip

21550-1517

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Martinsburg

Project County Name

BERKELEY

Project State

WV

Project Zip

25401-0001

CD

WV-02

Jobs Reported

14

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2600.00

Payroll Proceed

46000.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

30767

Originating Lender

First United Bank & Trust

Originating Lender City

OAKLAND

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

63995.73

Forgiveness Date

12/15/2020

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