As part of the Paycheck Protection Program JEM BEVERAGE COMPANY INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

JEM BEVERAGE COMPANY INC


Loan Amount	$1,376,793
BusinessName	JEM BEVERAGE COMPANY INC
Address	217 W DIVISION ST
City	PILOT POINT
State	TX
Zip	76258
NAICSCode	312140
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	188
DateApproved	05/01/2020
Lender	Bank of America, National Association
CD	TX-26
BusinessName.clean	JEM BEVERAGE COMPANY

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

JEM RESTAURANT GROUP OF FLORIDA
JEM TECHNICAL MARKETING CO
JEM UNLIMITED IRON
JEMCO COMPONENTS FABRICATION
JEMCO ELECTRICAL CONTRACTORS