PPP Loan information for Jabaay motors inc

$72,000

Jabaay motors inc was initially approved for PPP Loan of amount $72,000, the current approved amount is $72,000. The loan was approved on 04/08/2020 by The Old Plank Trail Community Bank, National Association reported 4 jobs and $72,000 was used to fund payroll.

Jabaay motors inc is Existing or more than 2 years old

JABAAY MOTORS INC

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

JABAAY MOTORS INC

Borrower Address

8120 GRANT ST

Borrower City

MERRILLVILLE

Borrower State

IN

Borrower Zip

46410-8458

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72000.00

Current Approval Amount

72000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

438799

Servicing Lender Name

Old Plank Trail Community Bank, National Association

Servicing Lender Address

20012 Wolf Rd

Servicing Lender City

MOKENA

Servicing Lender State

IL

Servicing Lender Zip

60448-9953

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MERRILLVILLE

Project County Name

LAKE

Project State

IN

Project Zip

46410-8458

CD

IN-01

Jobs Reported

4

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9000.00

Payroll Proceed

54000.00

Mortgage Interest Proceed

9000.00

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

438799

Originating Lender

Old Plank Trail Community Bank, National Association

Originating Lender City

MOKENA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

72626.00

Forgiveness Date

02/25/2021

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