PPP Loan information for J. brand machinery sales, inc

$85,005

J. brand machinery sales, inc was initially approved for PPP Loan of amount $85,005, the current approved amount is $85,005. The loan was approved on 04/06/2020 by The Independence Bank reported 7 jobs and $85,005 was used to fund payroll.

J. brand machinery sales, inc is Existing or more than 2 years old

J. BRAND MACHINERY SALES, INC

Date Approved

04/06/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

J. BRAND MACHINERY SALES, INC

Borrower Address

5372 west 130th

Borrower City

BROOKPARK

Borrower State

OH

Borrower Zip

44142-1801

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85005.00

Current Approval Amount

85005.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57647

Servicing Lender Name

Independence Bank

Servicing Lender Address

4401 Rockside Rd

Servicing Lender City

INDEPENDENCE

Servicing Lender State

OH

Servicing Lender Zip

44131-2146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BROOKPARK

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44142-1801

CD

OH-07

Jobs Reported

7

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

68005.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57647

Originating Lender

Independence Bank

Originating Lender City

INDEPENDENCE

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

85699.21

Forgiveness Date

02/04/2021

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