PPP Loan information for Jm electric, inc

$46,628

Jm electric, inc was initially approved for PPP Loan of amount $46,628, the current approved amount is $46,628. The loan was approved on 04/14/2020 by The Lee County Bank reported 4 jobs and $46,628 was used to fund payroll.

Jm electric, inc is Existing or more than 2 years old

PPP Loan Search / IA / WEST POINT / Jm electric, inc

JM ELECTRIC, INC

Date Approved

04/14/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

JM ELECTRIC, INC

Borrower Address

2231 Hwy 16

Borrower City

WEST POINT

Borrower State

IA

Borrower Zip

52656-9261

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46627.70

Current Approval Amount

46627.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25016

Servicing Lender Name

Lee County Bank

Servicing Lender Address

801 Ave 'F'

Servicing Lender City

FORT MADISON

Servicing Lender State

IA

Servicing Lender Zip

52627

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST POINT

Project County Name

LEE

Project State

IA

Project Zip

52656-9261

CD

IA-01

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4325.54

Payroll Proceed

37302.16

Mortgage Interest Proceed

5000.00

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

25016

Originating Lender

Lee County Bank

Originating Lender City

FORT MADISON

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

46906.19

Forgiveness Date

11/25/2020

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