PPP Loan information for Garden electric inc

$283,392

Garden electric inc was initially approved for PPP Loan of amount $283,392, the current approved amount is $283,392. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 5 jobs and $283,392 was used to fund payroll.

Garden electric inc is Existing or more than 2 years old

GARDEN ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

GARDEN ELECTRIC INC

Borrower Address

18636 W POINT DR

Borrower City

TINLEY PARK

Borrower State

IL

Borrower Zip

60477

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

283392.00

Current Approval Amount

283392.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TINLEY PARK

Project County Name

COOK

Project State

IL

Project Zip

60477-0001

CD

IL-06

Jobs Reported

5

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4816.00

Payroll Proceed

255066.00

Mortgage Interest Proceed

0.00

Rent Proceed

2660.00

Refinance EIDL Proceed

0.00

Health Care Proceed

20850.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

286516.40

Forgiveness Date

06/11/2021

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