Gem Care, INC

$1,400,000 PPP Loan in Knoxville, Tennessee

Loan Details

Loan Number
8331447107
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,400,000
Current Approval
$1,400,000
Forgiveness Amount
$1,326,816
Forgiveness Date
Apr 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gem Care, INC
Address
10820 Murdock Dr Suite 101
ZIP Code
37932-3275
Business Type
Subchapter S Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561311)
Business Age
Existing or more than 2 years old
Jobs Reported
263
Estimated Revenue
$41.4M
Rural/Urban
Urban
Congressional District
TN-02

Loan Use Breakdown

Payroll
$1,190,000
Mortgage Interest
$210,000

Lender Information

Servicing Lender
Mountain Commerce Bank
Originating Lender
Mountain Commerce Bank

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