PPP Loan information for Jad franchises inc

$236,162

Jad franchises inc was initially approved for PPP Loan of amount $236,162, the current approved amount is $236,162. The loan was approved on 01/23/2021 by The Androscoggin Savings Bank reported 40 jobs and $236,162 was used to fund payroll.

Jad franchises inc is Existing or more than 2 years old

JAD FRANCHISES INC

Date Approved

01/23/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

JAD FRANCHISES INC

Borrower Address

61 Brianna Dr

Borrower City

Durham

Borrower State

ME

Borrower Zip

04222-5269

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

236162.00

Current Approval Amount

236162.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29743

Servicing Lender Name

Androscoggin Savings Bank

Servicing Lender Address

30 Lisbon St

Servicing Lender City

LEWISTON

Servicing Lender State

ME

Servicing Lender Zip

04240-7116

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Durham

Project County Name

ANDROSCOGGIN

Project State

ME

Project Zip

04222-5269

CD

ME-02

Jobs Reported

40

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

236160.00

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

29743

Originating Lender

Androscoggin Savings Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

238195.62

Forgiveness Date

12/01/2021

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