PPP Loan information for Jdm & sons inc

$271,500

Jdm & sons inc was initially approved for PPP Loan of amount $242,200, the current approved amount is $271,500. The loan was approved on 04/04/2020 by The Mechanics Cooperative Bank reported 17 jobs and $271,500 was used to fund payroll.

Jdm & sons inc is Existing or more than 2 years old

JDM & SONS INC

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

JDM & SONS INC

Borrower Address

317 MIDDLE RD

Borrower City

ACUSHNET

Borrower State

MA

Borrower Zip

02743-2028

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

242200.00

Current Approval Amount

271500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89240

Servicing Lender Name

Mechanics Cooperative Bank

Servicing Lender Address

308 Bay St

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-1834

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ACUSHNET

Project County Name

BRISTOL

Project State

MA

Project Zip

02743-2028

CD

MA-09

Jobs Reported

17

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

265300.00

Mortgage Interest Proceed

0.00

Rent Proceed

3000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

3200

Business Type

Subchapter S Corporation

Originating Lender Location Id

89240

Originating Lender

Mechanics Cooperative Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

274939.00

Forgiveness Date

07/15/2021

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