PPP Loan information for Jem associates inc.

$49,737

Jem associates inc. was initially approved for PPP Loan of amount $49,737, the current approved amount is $49,737. The loan was approved on 02/26/2021 by The First Merchants Bank reported 3 jobs and $49,737 was used to fund payroll.

Jem associates inc. is Existing or more than 2 years old

PPP Loan Search / MI / West Bloomfield / Jem associates inc.

JEM ASSOCIATES INC.

Date Approved

02/26/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

JEM ASSOCIATES INC.

Borrower Address

5600 W Maple Rd Ste A100

Borrower City

West Bloomfield

Borrower State

MI

Borrower Zip

48322-3781

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49737.00

Current Approval Amount

49737.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Bloomfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48322-3781

CD

MI-11

Jobs Reported

3

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

49735.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50171.69

Forgiveness Date

01/18/2022

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