PPP Loan information for J electric inc

$5,905

J electric inc was initially approved for PPP Loan of amount $5,905, the current approved amount is $5,905. The loan was approved on 04/08/2021 by The Star Bank reported 1 jobs and $5,905 was used to fund payroll.

J electric inc is Existing or more than 2 years old

J ELECTRIC INC

Date Approved

04/08/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

J ELECTRIC INC

Borrower Address

4527 Cushing Ave NW

Borrower City

Buffalo

Borrower State

MN

Borrower Zip

55313-3516

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

5905.00

Current Approval Amount

5905.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36651

Servicing Lender Name

Star Bank

Servicing Lender Address

100 State Hwy 55 E

Servicing Lender City

MAPLE LAKE

Servicing Lender State

MN

Servicing Lender Zip

55358-4596

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Buffalo

Project County Name

WRIGHT

Project State

MN

Project Zip

55313-3516

CD

MN-06

Jobs Reported

1

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

5902.00

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

Subchapter S Corporation

Originating Lender Location Id

36651

Originating Lender

Star Bank

Originating Lender City

MAPLE LAKE

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

5949.45

Forgiveness Date

01/06/2022

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