PPP Loan information for Jay el enterprises

$314,243

Jay el enterprises was initially approved for PPP Loan of amount $155,000, the current approved amount is $314,243. The loan was approved on 04/13/2020 by The Eastern Bank reported 35 jobs and $314,243 was used to fund payroll.

Jay el enterprises is Existing or more than 2 years old

PPP Loan Search / MA / SALEM / Jay el enterprises

JAY EL ENTERPRISES

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

JAY EL ENTERPRISES

Borrower Address

227 ESSEX ST

Borrower City

SALEM

Borrower State

MA

Borrower Zip

01970-3729

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

155000.00

Current Approval Amount

314243.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

ESSEX

Project State

MA

Project Zip

01970-3729

CD

MA-06

Jobs Reported

35

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

314243.00

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

Limited Liability Partnership

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

318031.37

Forgiveness Date

07/13/2021

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