PPP Loan information for James electric, inc.

$211,060

James electric, inc. was initially approved for PPP Loan of amount $211,060, the current approved amount is $211,060. The loan was approved on 04/06/2020 by The First Merchants Bank reported 15 jobs and $211,060 was used to fund payroll.

James electric, inc. is Existing or more than 2 years old

PPP Loan Search / IN / FORT WAYNE / James electric, inc.

JAMES ELECTRIC, INC.

Date Approved

04/06/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

JAMES ELECTRIC, INC.

Borrower Address

333 STABLE DR

Borrower City

FORT WAYNE

Borrower State

IN

Borrower Zip

46825-5248

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

211060.00

Current Approval Amount

211060.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FORT WAYNE

Project County Name

ALLEN

Project State

IN

Project Zip

46825-5248

CD

IN-03

Jobs Reported

15

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

211060.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

212609.70

Forgiveness Date

01/11/2021

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