Date Approved
04/28/2020
SBA Office Code
0491
Processing Method
PPP
Borrower Name
THE NEW IEM POWER SYSTEMS, LLC
Borrower Address
11902 CENTRAL PKWY
Borrower City
JACKSONVILLE
Borrower State
FL
Borrower Zip
32224-2657
Loan Status Date
08/07/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
2027800.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
33850
Servicing Lender Name
Comerica Bank
Servicing Lender Address
1717 Main St
Servicing Lender City
DALLAS
Servicing Lender State
TX
Servicing Lender Zip
75201-4612
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
DUVAL
Project State
Project Zip
CD
FL-05
Jobs Reported
159
NAICS Code
335313
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
1622284.00
Mortgage Interest Proceed
405516.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
2052865.86
Forgiveness Date
07/20/2021