PPP Loan information for Imem, inc.

$177,430

Imem, inc. was initially approved for PPP Loan of amount $177,430, the current approved amount is $177,430. The loan was approved on 04/12/2020 by The Forbright Bank reported 17 jobs and $177,430 was used to fund payroll.

Imem, inc. is New Business or 2 years or less

IMEM, INC.

Date Approved

04/12/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

IMEM, INC.

Borrower Address

13210 WISTERIA DR

Borrower City

GERMANTOWN

Borrower State

MD

Borrower Zip

20874-2600

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

177430.47

Current Approval Amount

177430.48

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

342932

Servicing Lender Name

Forbright Bank

Servicing Lender Address

4445 Willard Ave Ste 1000

Servicing Lender City

CHEVY CHASE

Servicing Lender State

MD

Servicing Lender Zip

20815-3690

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

GERMANTOWN

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20874-2600

CD

MD-06

Jobs Reported

17

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

177430.48

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

342932

Originating Lender

Forbright Bank

Originating Lender City

CHEVY CHASE

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

178746.42

Forgiveness Date

01/19/2021

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