Date Approved
04/29/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
J. MCELDOWNEY INC.
Borrower Address
2755 Michigan Ave.
Borrower City
Jackson
Borrower State
MI
Borrower Zip
49202
Loan Status Date
11/19/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
56400.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36187
Servicing Lender Name
Bank Michigan
Servicing Lender Address
417 S Main St
Servicing Lender City
BROOKLYN
Servicing Lender State
Servicing Lender Zip
49230-8616
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
JACKSON
Project State
Project Zip
49202-1000
CD
MI-05
Jobs Reported
5
NAICS Code
811212
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
45120.00
Mortgage Interest Proceed
Rent Proceed
11280.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
56648.78
Forgiveness Date
10/09/2020