7 GEMS ENTERPRISE INC (TX) - 2020 PPP Loan Borrower Profile (# 7312838603)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 7 GEMS ENTERPRISE INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Texas.

Loan Detail

Loan Number

7312838603

SBA Office Code

0671

Processing Method

PPS

Curent Loan Amount

$79,800

Date Loan was Approved

Mar 23, 2021

Amount Forgiven

$80,702.94

Date Loan was Forgiven

May 12, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

79,794

Lender

Frost Bank

Business Detail

Business Type

Corporation

NAICS

447110

Borrower Location

New Caney, TX

Project Location

New Caney, TX

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.