PPP Loan information for Jam insurance inc.

$7,220

Jam insurance inc. was initially approved for PPP Loan of amount $7,220, the current approved amount is $7,220. The loan was approved on 03/06/2021 by The Farmers & Merchants Bank reported 3 jobs and $7,220 was used to fund payroll.

Jam insurance inc. is Existing or more than 2 years old

PPP Loan Search / MD / Towson / Jam insurance inc.

JAM INSURANCE INC.

Date Approved

03/06/2021

SBA Office Code

0373

Processing Method

PPP

Borrower Name

JAM INSURANCE INC.

Borrower Address

1906 Indian Head Rd

Borrower City

Towson

Borrower State

MD

Borrower Zip

21204-6430

Loan Status Date

05/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

7220.23

Current Approval Amount

7220.23

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30550

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

15226 Hanover Pike

Servicing Lender City

UPPERCO

Servicing Lender State

MD

Servicing Lender Zip

21155-9749

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Towson

Project County Name

BALTIMORE

Project State

MD

Project Zip

21204-6430

CD

MD-02

Jobs Reported

3

NAICS Code

524210

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

7216.23

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

30550

Originating Lender

Farmers & Merchants Bank

Originating Lender City

UPPERCO

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7303.91

Forgiveness Date

05/09/2022

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