Gem Drugs, Gramercy, INC

$103,967 PPP Loan in Reserve, Louisiana

Loan Details

Loan Number
1327927202
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$103,967
Current Approval
$102,316
Forgiveness Amount
$103,217
Forgiveness Date
Mar 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gem Drugs, Gramercy, INC
Address
111 Central Ave
ZIP Code
70084-0510
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (446110)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
LA-02

Loan Use Breakdown

Payroll
$93,016
Rent
$6,800
Utilities
$2,500

Lender Information

Servicing Lender
Merchants & Marine Bank
Originating Lender
Mississippi River Bank, a Division of Merchants and Marine Bank

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