Gem Technologies, INC

$3,900,000 PPP Loan in Knoxville, Tennessee

Loan Details

Loan Number
8341157107
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$3,900,000
Current Approval
$3,900,000
Forgiveness Amount
$3,944,417
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gem Technologies, INC
Address
2033 Castaic Ln
ZIP Code
37932-1557
Business Type
Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561210)
Business Age
Existing or more than 2 years old
Jobs Reported
279
Estimated Revenue
$52.8M
Rural/Urban
Urban
Congressional District
TN-02

Loan Use Breakdown

Payroll
$3,315,000
Mortgage Interest
$585,000

Lender Information

Servicing Lender
Mountain Commerce Bank
Originating Lender
Mountain Commerce Bank

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