PPP Loan information for J & b electric llc

$20,973

J & b electric llc was initially approved for PPP Loan of amount $20,973, the current approved amount is $20,973. The loan was approved on 01/27/2021 by The Ohnward Bank & Trust reported 3 jobs and $20,973 was used to fund payroll.

J & b electric llc is Existing or more than 2 years old

J & B ELECTRIC LLC

Date Approved

01/27/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

J & B ELECTRIC LLC

Borrower Address

14021 195th St

Borrower City

Monticello

Borrower State

IA

Borrower Zip

52310-8069

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20973.00

Current Approval Amount

20973.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24584

Servicing Lender Name

Ohnward Bank & Trust

Servicing Lender Address

332 1st Ave W

Servicing Lender City

CASCADE

Servicing Lender State

IA

Servicing Lender Zip

52033-7721

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Monticello

Project County Name

JONES

Project State

IA

Project Zip

52310-8069

CD

IA-01

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20968.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24584

Originating Lender

Ohnward Bank & Trust

Originating Lender City

CASCADE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20943.29

Forgiveness Date

08/13/2021

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