Gem Auto Parts Co. INC

$854,355 PPP Loan in Chelsea, Massachusetts

Loan Details

Loan Number
3502537309
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$854,355
Current Approval
$854,355
Forgiveness Amount
$863,858
Forgiveness Date
Jun 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gem Auto Parts Co. INC
Address
7 Griffin Way
ZIP Code
02150
Business Type
Corporation
Industry (NAICS)
Retail Trade (444130)
Business Age
Existing or more than 2 years old
Jobs Reported
110
Estimated Revenue
$22.7M
Rural/Urban
Urban
Congressional District
MA-07

Loan Use Breakdown

Payroll
$854,355

Lender Information

Servicing Lender
Santander Bank, National Association
Originating Lender
Santander Bank, National Association

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