Jems of Litchfield
$175,687 PPP Loan in Litchfield, Michigan
Loan Details
- Loan Number
- 1059677104
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $175,687
- Current Approval
- $175,687
- Forgiveness Amount
- $176,982
- Forgiveness Date
- Jan 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Jems of Litchfield
- Address
- 174 Simpson Dr Po Box 449
- City
- Litchfield
- State
- Michigan
- ZIP Code
- 49252-9601
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (336390)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 20
- Estimated Revenue
- $5.2M
- Rural/Urban
- Rural
- Congressional District
- MI-05
Loan Use Breakdown
- Payroll
- $140,550
- Mortgage Interest
- $35,137
Lender Information
- Servicing Lender
- Southern Michigan Bank & Trust
- Originating Lender
- Southern Michigan Bank & Trust
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