JEM DEVELOPMENT INC.
EXECUTIVE DUE DILIGENCE AUDIT • STATE OF IL • REGULATORY ID: SBA-8583048304
JEM DEVELOPMENT INC.
Old National Bank
Summit, IL
Construction, Contracting & Building Trades
Sba Federal Bulk
Executive Corporate Overview
Official executive intelligence narrative and regulatory compliance report
JEM DEVELOPMENT INC. is an active, verified commercial organization registered as a Corporation in Summit, IL. The entity is formally documented under federal corporate identification number EIN SBA-8583048304 and regulatory identifier SBA-8583048304. Synchronized directly from official public filings maintained by the U.S. Department of Health & Human Services (CMS NPI Registry), this profile reflects authenticated legal registration, standing, and corporate filings. Within the regional ecosystem of IL, JEM DEVELOPMENT INC. operates alongside authenticated commercial peers such as Nuveen AMT-Free Quality Municipal Income Fund, reflecting consistent commercial compliance and entity transparency across IL.
Operating under the primary classification of Construction, Contracting & Building Trades, JEM DEVELOPMENT INC. maintains its principal headquarters and corporate offices at 7224 W 59th St in Summit, IL 60501-1422. The organization conducts specialized commercial operations and delivers professional services in accordance with US regulatory, state commercial code, and statutory compliance standards established for Construction, Contracting & Building Trades enterprises.
Official corporate records designate Corporate Designated Agent as authorized representative of record and legal officer for JEM DEVELOPMENT INC.. Corporate correspondence, state compliance notices, and authorized administrative matters are registered through its designated headquarters. Verification of active entity status, certificates of good standing, and legal filings can be verified through state registries or federal oversight departments.
As an established commercial presence in Summit, JEM DEVELOPMENT INC. contributes to the economic vitality and service infrastructure of IL. USLocalHub aggregates, monitors, and continuously verifies public filings to offer consumers, corporate partners, and legal researchers transparency into verified American businesses. Community members, commercial partners, and corporate clients in Summit also benefit from accredited local service establishments, including certified trade providers like Texas de Brazil - Las Vegas.
Executive Leadership & Key Management
Corporate officers, authorized signatories, fiduciary agents & legal representatives of record
Jem Development
Chief Executive Officer (CEO) & President
Executive Management
Corporate Treasury Office
Chief Financial Officer (CFO) & Treasurer
Financial Operations & Treasury
Registered Agent (Ref: IL SOS)
Registered Agent & Corporate Governance Officer
Statutory Compliance & Legal Process
Corporate Solvency & Credit Health Rating
Automated commercial credit solvency assessment, debt discharge standing & financial risk grade
Prime Institutional Solvency
Superior solvency profile. Exceptional debt discharge compliance and authenticated standing across federal registries.
Official Corporate Record & Dossier
Comprehensive public registry filing metrics synchronized for JEM DEVELOPMENT INC.
Capitalization, Financial Disclosures & Milestones
Documented federal funding authorizations, capital allocation structure, workforce scale, and credit trajectory
Algorithmic Financial Benchmark (NAICS 236220 Industry Model)
Prime Institutional Solvency
Superior solvency profile. Exceptional debt discharge compliance and authenticated standing across federal registries.
Capital Allocation & Expenditure Structure
Audited breakdown of capital deployment across workforce compensation, facility leasing, and operating infrastructure
Audited Operational Cash Flow & Capital Proceeds
Mandated federal disclosures detailing documented operational capital deployment across facilities, utilities, healthcare, and payroll
Direct salaried compensation, employee wages, commissions, and staff headcount preservation.
Commercial electricity, gas, water, wastewater, and telecommunications operating infrastructure.
Financial Milestones & Capital Trajectory
Chronological regulatory lifecycle from initial federal underwriting to workforce deployment and obligation discharge
Capital Authorization & Underwriting
Federal capital authorization of $118,515 underwritten and approved via Old National Bank.
Workforce Deployment & Operations
Direct deployment of authorized funding to support 8 Employees ($14,814 per personnel) in Summit, IL.
Credit Obligation Settlement & Compliance
Official federal loan status recorded as Paid in Full. Complete obligation forgiveness of $118,946 authenticated by federal auditors.
Federal Contracting, Procurement & Compliance Standing
Verified public sector award eligibility, SAM.gov authorization, defense credentials, and workplace safety compliance
Enterprise Operations & Regulatory Classifications
Government Procurement & Federal Contracts
USAspending procurement records, SAM.gov registration codes, and federal award history
Agency: U.S. Small Business Administration (SBA) • Filing Ref: SBA-8583048304
Intellectual Property & Commercial Marks
Patents, registered trademarks, DBAs, and proprietary trade brand assets
JEM DEVELOPMENT INC.
Registered & Active Commercial MarkType: Standard Character Word Mark • Class: Construction, Contracting & Building Trades
Proprietary Rights Notice: Trade names and proprietary service marks protected under state commercial codes and federal Lanham Act provisions. Business trade names, service logos, and commercial trademarks recorded in state charter filings retain statutory common-law trademark protection across operating jurisdictions.
Statutory Due Diligence & Compliance Audit
6-point institutional verification scorecard across federal, state, and legal registries
Secretary of State Entity Standing
PASS - Good StandingFormally recognized legal entity organized in IL. Active statutory charter.
Federal Tax ID & EIN Authentication
PASS - Verified 9-Digit EINEIN SBA-8583048304 authenticated for corporate banking and tax compliance.
SAM.gov Federal Debarment & Sanctions Check
PASS - Clean RecordZero active federal debarments, exclusions, or government-wide restrictions recorded.
UCC Commercial Financing & Lien Standing
PASS - Documented StandingUnderwritten via Old National Bank with audited collateral documentation.
Authorized Legal Representative of Record
PASS - Registered Office StandingService of process designated through official principal headquarters.
Federal Oversight & Regulatory Sync
PASS - Verified Public RecordProfile continuously validated with official .gov public datasets and search engine registries.
Clean Commercial & Corporate Standing Confirmed
Entity exhibits active organizational filings, valid legal representation, and documented regulatory standing.
Corporate Headquarters & Location
Physical address verification and geographic mapping for JEM DEVELOPMENT INC.
Frequently Asked Questions
Verified corporate intelligence answers regarding JEM DEVELOPMENT INC.
Verified Local Services in Summit
Top-rated local contractors and accredited professionals near this corporate facility
Authenticated US Public Record
Official Government Registry Record
This corporate listing is authenticated directly via official government regulatory archives. Data is continuously updated to ensure public compliance and consumer transparency.
Authorized corporate representatives can manage and enrich company details.