PPP Loan information for J & j boring inc

$423,750

J & j boring inc was initially approved for PPP Loan of amount $423,750, the current approved amount is $423,750. The loan was approved on 02/24/2021 by The The Mercantile Bank of Louisiana, Missouri reported 16 jobs and $423,750 was used to fund payroll.

J & j boring inc is Existing or more than 2 years old

J & J BORING INC

Date Approved

02/24/2021

SBA Office Code

0768

Processing Method

PPS

Borrower Name

J & J BORING INC

Borrower Address

41 Cardinal Hill Rd

Borrower City

Winfield

Borrower State

MO

Borrower Zip

63389-2709

Loan Status Date

10/02/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

423750.00

Current Approval Amount

423750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41087

Servicing Lender Name

The Mercantile Bank of Louisiana, Missouri

Servicing Lender Address

222 Georgia St

Servicing Lender City

LOUISIANA

Servicing Lender State

MO

Servicing Lender Zip

63353-1716

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Winfield

Project County Name

LINCOLN

Project State

MO

Project Zip

63389-2709

CD

MO-06

Jobs Reported

16

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

423748.00

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

41087

Originating Lender

The Mercantile Bank of Louisiana, Missouri

Originating Lender City

LOUISIANA

Originating Lender State

MO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

426257.19

Forgiveness Date

09/28/2021

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