PPP Loan information for Jem associates, inc.

$49,700

Jem associates, inc. was initially approved for PPP Loan of amount $49,700, the current approved amount is $49,700. The loan was approved on 04/27/2020 by The First Merchants Bank reported 3 jobs and $49,700 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

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

JEM ASSOCIATES, INC.

Borrower Address

5600 W Maple Rd., Ste A-100

Borrower City

West Bloomfield

Borrower State

MI

Borrower Zip

48322-3781

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49700.00

Current Approval Amount

49700.00

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

523930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49700.00

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

50143.90

Forgiveness Date

03/23/2021

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