PPP Loan information for Gemcor inc

$40,400

Gemcor inc was initially approved for PPP Loan of amount $40,400, the current approved amount is $40,400. The loan was approved on 03/25/2021 by The Mid Penn Bank reported 4 jobs and $40,400 was used to fund payroll.

Gemcor inc is Existing or more than 2 years old

GEMCOR INC

Date Approved

03/25/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

GEMCOR INC

Borrower Address

400 Quadrangle Dr

Borrower City

Bolingbrook

Borrower State

IL

Borrower Zip

60440-3456

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40400.00

Current Approval Amount

40400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61087

Servicing Lender Name

Mid Penn Bank

Servicing Lender Address

349 Union St

Servicing Lender City

MILLERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17061-1611

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bolingbrook

Project County Name

WILL

Project State

IL

Project Zip

60440-3456

CD

IL-11

Jobs Reported

4

NAICS Code

423940

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

40398.00

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

61087

Originating Lender

Mid Penn Bank

Originating Lender City

MILLERSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40588.53

Forgiveness Date

09/15/2021

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