Jem Appliance and Electronics Corp

$204,127 PPP Loan in Whippany, New Jersey

Loan Details

Loan Number
3170157708
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$204,127
Current Approval
$204,127
Forgiveness Amount
$206,772
Forgiveness Date
Aug 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Jem Appliance and Electronics Corp
Address
14 Troy Hills Rd Ste 3
ZIP Code
07981
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423720)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NJ-11

Loan Use Breakdown

Payroll
$163,301
Rent
$38,772
Utilities
$2,054

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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