PPP Loan information for Jmc acquisition, llc

$667,100

Jmc acquisition, llc was initially approved for PPP Loan of amount $667,100, the current approved amount is $667,100. The loan was approved on 04/10/2020 by The Live Oak Banking Company reported 50 jobs and $667,100 was used to fund payroll.

Jmc acquisition, llc is New Business or 2 years or less

JMC ACQUISITION, LLC

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

JMC ACQUISITION, LLC

Borrower Address

5910 Elwin Buchanan Drive

Borrower City

Sanford

Borrower State

NC

Borrower Zip

27330

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

667100.00

Current Approval Amount

667100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Sanford

Project County Name

LEE

Project State

NC

Project Zip

27330-0001

CD

NC-09

Jobs Reported

50

NAICS Code

541715

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

667100.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

673131.32

Forgiveness Date

03/10/2021

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