PPP Loan information for J & l electric inc

$56,271

J & l electric inc was initially approved for PPP Loan of amount $56,271, the current approved amount is $56,271. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 4 jobs and $56,271 was used to fund payroll.

J & l electric inc is Existing or more than 2 years old

PPP Loan Search / IN / MILAN / J & l electric inc

J & L ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

J & L ELECTRIC INC

Borrower Address

4408 OLD RD N

Borrower City

MILAN

Borrower State

IN

Borrower Zip

47031

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56271.00

Current Approval Amount

56271.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILAN

Project County Name

RIPLEY

Project State

IN

Project Zip

47031-0001

CD

IN-09

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56271.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56838.40

Forgiveness Date

05/06/2021

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