PPP Loan information for J. b. electrical co

$240,596

J. b. electrical co was initially approved for PPP Loan of amount $240,596, the current approved amount is $240,596. The loan was approved on 03/12/2021 by The Bank of Ann Arbor reported 19 jobs and $240,596 was used to fund payroll.

J. b. electrical co is Existing or more than 2 years old

PPP Loan Search / MI / Sterling Heights / J. b. electrical co

J. B. ELECTRICAL CO

Date Approved

03/12/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

J. B. ELECTRICAL CO

Borrower Address

6070 Wall St

Borrower City

Sterling Heights

Borrower State

MI

Borrower Zip

48312-1070

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

240596.00

Current Approval Amount

240596.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sterling Heights

Project County Name

MACOMB

Project State

MI

Project Zip

48312-1070

CD

MI-10

Jobs Reported

19

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

240596.00

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

Corporation

Originating Lender Location Id

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

241841.83

Forgiveness Date

09/22/2021

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