PPP Loan information for Jrl electric inc

$193,835

Jrl electric inc was initially approved for PPP Loan of amount $193,835, the current approved amount is $193,835. The loan was approved on 02/24/2021 by The SouthState Bank, National Association reported 13 jobs and $193,835 was used to fund payroll.

Jrl electric inc is Existing or more than 2 years old

PPP Loan Search / MA / Chelmsford / Jrl electric inc

JRL ELECTRIC INC

Date Approved

02/24/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

JRL ELECTRIC INC

Borrower Address

9 Kidder Rd Ste C

Borrower City

Chelmsford

Borrower State

MA

Borrower Zip

01824-3304

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

193835.00

Current Approval Amount

193835.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117723

Servicing Lender Name

SouthState Bank, National Association

Servicing Lender Address

1101 First St South

Servicing Lender City

WINTER HAVEN

Servicing Lender State

FL

Servicing Lender Zip

33880-3908

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chelmsford

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01824-3304

CD

MA-03

Jobs Reported

13

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

193833.00

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

Corporation

Originating Lender Location Id

117723

Originating Lender

SouthState Bank, National Association

Originating Lender City

WINTER HAVEN

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

194944.90

Forgiveness Date

09/23/2021

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