PPP Loan information for J & m distributing inc

$61,187

J & m distributing inc was initially approved for PPP Loan of amount $61,187, the current approved amount is $61,187. The loan was approved on 02/24/2021 by The Independence Bank reported 6 jobs and $61,187 was used to fund payroll.

J & m distributing inc is Existing or more than 2 years old

J & M DISTRIBUTING INC

Date Approved

02/24/2021

SBA Office Code

0885

Processing Method

PPS

Borrower Name

J & M DISTRIBUTING INC

Borrower Address

7296 Vr2 Dr

Borrower City

Wolf Point

Borrower State

MT

Borrower Zip

59201-8529

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

61187.30

Current Approval Amount

61187.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41936

Servicing Lender Name

Independence Bank

Servicing Lender Address

435 3rd St

Servicing Lender City

HAVRE

Servicing Lender State

MT

Servicing Lender Zip

59501-3613

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wolf Point

Project County Name

ROOSEVELT

Project State

MT

Project Zip

59201-8529

CD

MT-02

Jobs Reported

6

NAICS Code

424430

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

61187.30

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

41936

Originating Lender

Independence Bank

Originating Lender City

HAVRE

Originating Lender State

MT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

61514.19

Forgiveness Date

09/09/2021

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