PPP Loan information for J-k tool co inc

$275,000

J-k tool co inc was initially approved for PPP Loan of amount $275,000, the current approved amount is $275,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 17 jobs and $275,000 was used to fund payroll.

J-k tool co inc is New Business or 2 years or less

J-K TOOL CO INC

Date Approved

05/01/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

J-K TOOL CO INC

Borrower Address

41 RUSSO CIR

Borrower City

AGAWAM

Borrower State

MA

Borrower Zip

01001-1542

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

275000.00

Current Approval Amount

275000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

AGAWAM

Project County Name

HAMPDEN

Project State

MA

Project Zip

01001-1542

CD

MA-01

Jobs Reported

17

NAICS Code

333514

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

275000.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

278179.45

Forgiveness Date

07/01/2021

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