PPP Loan information for Jorgenson electric, inc.

$72,200

Jorgenson electric, inc. was initially approved for PPP Loan of amount $72,200, the current approved amount is $72,200. The loan was approved on 01/16/2021 by The Iroquois Federal Savings & Loan Association reported 7 jobs and $72,200 was used to fund payroll.

Jorgenson electric, inc. is Existing or more than 2 years old

JORGENSON ELECTRIC, INC.

Date Approved

01/16/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

JORGENSON ELECTRIC, INC.

Borrower Address

907 E Fairchild St

Borrower City

Danville

Borrower State

IL

Borrower Zip

61832-3346

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

72200.00

Current Approval Amount

72200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82803

Servicing Lender Name

Iroquois Federal Savings & Loan Association

Servicing Lender Address

201 E Cherry St

Servicing Lender City

WATSEKA

Servicing Lender State

IL

Servicing Lender Zip

60970-1661

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Danville

Project County Name

VERMILION

Project State

IL

Project Zip

61832-3346

CD

IL-02

Jobs Reported

7

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

72198.00

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

Sole Proprietorship

Originating Lender Location Id

82803

Originating Lender

Iroquois Federal Savings & Loan Association

Originating Lender City

WATSEKA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

72488.80

Forgiveness Date

06/15/2021

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