PPP Loan information for J2 construct inc

$506,966

J2 construct inc was initially approved for PPP Loan of amount $455,400, the current approved amount is $506,966. The loan was approved on 04/05/2020 by The BankNewport reported 30 jobs and $506,966 was used to fund payroll.

J2 construct inc is Existing or more than 2 years old

J2 CONSTRUCT INC

Date Approved

04/05/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

J2 CONSTRUCT INC

Borrower Address

55 John Clarke Rd

Borrower City

NEWPORT

Borrower State

RI

Borrower Zip

02840

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

455400.00

Current Approval Amount

506966.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT

Project County Name

NEWPORT

Project State

RI

Project Zip

02840-0001

CD

RI-01

Jobs Reported

30

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

506966.00

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

513480.17

Forgiveness Date

07/28/2021

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