Jemm Corporation II

$300,000 PPP Loan in Encino, California

Loan Details

Loan Number
5485767010
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$300,000
Current Approval
$300,000
Forgiveness Amount
$301,907
Forgiveness Date
Dec 7, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Jemm Corporation II
Address
17719 Palora St.
City
Encino
ZIP Code
91316-3710
Business Type
Subchapter S Corporation
Industry (NAICS)
Educational Services (611110)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
CA-32

Loan Use Breakdown

Payroll
$240,000
Rent
$49,000
Utilities
$3,800
Health Care
$7,200

Lender Information

Servicing Lender
American Business Bank
Originating Lender
American Business Bank

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