PPP Loan information for Jesco inc

$6,399,400

Jesco inc was initially approved for PPP Loan of amount $6,399,400, the current approved amount is $6,399,400. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 315 jobs and $6,399,400 was used to fund payroll.

Jesco inc is Existing or more than 2 years old

PPP Loan Search / NJ / South Plainfield / Jesco inc

JESCO INC

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

JESCO INC

Borrower Address

118 Saint Nicholas Avenue

Borrower City

South Plainfield

Borrower State

NJ

Borrower Zip

07080

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6399400.00

Current Approval Amount

6399400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Plainfield

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

07080-0001

CD

NJ-06

Jobs Reported

315

NAICS Code

532412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

113762.00

Payroll Proceed

4807937.00

Mortgage Interest Proceed

0.00

Rent Proceed

516457.00

Refinance EIDL Proceed

0.00

Health Care Proceed

961244.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6471984.98

Forgiveness Date

06/11/2021

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