The Gem Group, Inc.
$4,162,600 PPP Loan in Lawrence, Massachusetts
Loan Details
- Loan Number
- 3142057302
- Date Approved
- Apr 29, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $4,162,600
- Current Approval
- $4,162,600
- Forgiveness Amount
- $4,207,647
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- The Gem Group, Inc.
- Address
- 9 International Way
- City
- Lawrence
- State
- Massachusetts
- ZIP Code
- 01843
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (314910)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 316
- Estimated Revenue
- $111.5M
- Rural/Urban
- Urban
- Congressional District
- MA-03
Loan Use Breakdown
- Payroll
- $4,162,600
Lender Information
- Servicing Lender
- Berkshire Bank
- Originating Lender
- Berkshire Bank
Other PPP Loans in Lawrence, MA
| Business | Approved | |
|---|---|---|
| Helfrich Brothers Boiler Works, Inc. | $5,003,790 | |
| Little Sprouts, LLC | $4,740,032 | |
| Elder Services of the Merrimack Valley, Inc. | $4,178,800 | |
| Energy North Incorporated | $3,980,940 | |
| Fidelity House, INC | $3,311,600 |
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