PPP Loan information for J b distributing co, inc.

$264,100

J b distributing co, inc. was initially approved for PPP Loan of amount $264,100, the current approved amount is $264,100. The loan was approved on 04/14/2020 by The Alerus Financial, National Association reported 29 jobs and $264,100 was used to fund payroll.

J b distributing co, inc. is Existing or more than 2 years old

PPP Loan Search / MN / EDEN PRAIRIE / J b distributing co, inc.

J B DISTRIBUTING CO, INC.

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

J B DISTRIBUTING CO, INC.

Borrower Address

14760 Martin Drive

Borrower City

EDEN PRAIRIE

Borrower State

MN

Borrower Zip

55344-2010

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

264100.00

Current Approval Amount

264100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDEN PRAIRIE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55344-2010

CD

MN-03

Jobs Reported

29

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

211280.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

52820.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

266990.43

Forgiveness Date

05/21/2021

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