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
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

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