PPP Loan information for J & j drainage products co.

$432,300

J & j drainage products co. was initially approved for PPP Loan of amount $432,300, the current approved amount is $432,300. The loan was approved on 04/09/2020 by The Commerce Bank reported 32 jobs and $432,300 was used to fund payroll.

J & j drainage products co. is Existing or more than 2 years old

J & J DRAINAGE PRODUCTS CO.

Date Approved

04/09/2020

SBA Office Code

0767

Processing Method

PPP

Borrower Name

J & J DRAINAGE PRODUCTS CO.

Borrower Address

110 N Pershing St

Borrower City

HUTCHINSON

Borrower State

KS

Borrower Zip

67501-7125

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

432300.00

Current Approval Amount

432300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HUTCHINSON

Project County Name

RENO

Project State

KS

Project Zip

67501-7125

CD

KS-01

Jobs Reported

32

NAICS Code

332322

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

43200.00

Payroll Proceed

389100.00

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

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

437463.58

Forgiveness Date

06/22/2021

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