PPP Loan information for J mac electric llc

$83,269

J mac electric llc was initially approved for PPP Loan of amount $83,269, the current approved amount is $83,269. The loan was approved on 03/08/2021 by The Cross River Bank reported 9 jobs and $83,269 was used to fund payroll.

J mac electric llc is Existing or more than 2 years old

J MAC ELECTRIC LLC

Date Approved

03/08/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

J MAC ELECTRIC LLC

Borrower Address

13340 Merriman Rd

Borrower City

Livonia

Borrower State

MI

Borrower Zip

48150-1830

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

83269.00

Current Approval Amount

83269.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Livonia

Project County Name

WAYNE

Project State

MI

Project Zip

48150-1830

CD

MI-12

Jobs Reported

9

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

83266.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

83837.05

Forgiveness Date

11/17/2021

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