PPP Loan information for Jl morgan & associates, inc.

$386,500

Jl morgan & associates, inc. was initially approved for PPP Loan of amount $386,500, the current approved amount is $386,500. The loan was approved on 04/06/2020 by The ServisFirst Bank reported 73 jobs and $386,500 was used to fund payroll.

Jl morgan & associates, inc. is Existing or more than 2 years old

JL MORGAN & ASSOCIATES, INC.

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

JL MORGAN & ASSOCIATES, INC.

Borrower Address

7057 MEADOWLARK DR

Borrower City

BIRMINGHAM

Borrower State

AL

Borrower Zip

35242-5342

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

386500.00

Current Approval Amount

386500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BIRMINGHAM

Project County Name

SHELBY

Project State

AL

Project Zip

35242-5342

CD

AL-06

Jobs Reported

73

NAICS Code

519130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20800.00

Payroll Proceed

343300.00

Mortgage Interest Proceed

8000.00

Rent Proceed

14400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

390676.35

Forgiveness Date

05/12/2021

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