The New Iem, LLC

$4,002,200 PPP Loan in Fremont, California

Loan Details

Loan Number
9887397203
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$4,002,200
Current Approval
$4,002,200
Forgiveness Amount
$4,052,116
Forgiveness Date
Jul 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The New Iem, LLC
Address
48205 Warm Springs Blvd
ZIP Code
94539-7654
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (335313)
Business Age
Existing or more than 2 years old
Jobs Reported
212
Estimated Revenue
$55.5M
Rural/Urban
Urban
Congressional District
CA-17

Loan Use Breakdown

Payroll
$3,201,834
Mortgage Interest
$800,366

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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