PPP Loan information for Jemco electrical contractors inc.

$1,784,575

Jemco electrical contractors inc. was initially approved for PPP Loan of amount $1,784,575, the current approved amount is $1,784,575. The loan was approved on 03/26/2021 by The JPMorgan Chase Bank, National Association reported 114 jobs and $1,784,575 was used to fund payroll.

Jemco electrical contractors inc. is Existing or more than 2 years old

PPP Loan Search / NY / Brooklyn / Jemco electrical contractors inc.

JEMCO ELECTRICAL CONTRACTORS INC.

Date Approved

03/26/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

JEMCO ELECTRICAL CONTRACTORS INC.

Borrower Address

271 42nd St

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11232-2813

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1784575.00

Current Approval Amount

1784575.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11232-2813

CD

NY-10

Jobs Reported

114

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1784575.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1802258.16

Forgiveness Date

03/29/2022

;