PPP Loan information for A & j transmission

$91,000

A & j transmission was initially approved for PPP Loan of amount $91,000, the current approved amount is $91,000. The loan was approved on 01/22/2021 by The Capitol National Bank reported 10 jobs and $91,000 was used to fund payroll.

A & j transmission is Existing or more than 2 years old

A & J TRANSMISSION

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

A & J TRANSMISSION

Borrower Address

235 S Homer St

Borrower City

Lansing

Borrower State

MI

Borrower Zip

48912-4612

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

91000.00

Current Approval Amount

91000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35989

Servicing Lender Name

Capitol National Bank

Servicing Lender Address

200 Washington Sq North

Servicing Lender City

LANSING

Servicing Lender State

MI

Servicing Lender Zip

48933-1320

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lansing

Project County Name

INGHAM

Project State

MI

Project Zip

48912-4612

CD

MI-07

Jobs Reported

10

NAICS Code

811113

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

90995.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

35989

Originating Lender

Capitol National Bank

Originating Lender City

LANSING

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

91879.67

Forgiveness Date

01/13/2022

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