PPP Loan information for J & j electric of indiana inc.

$2,000,000

J & j electric of indiana inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/21/2021 by The Community First Bank of Indiana reported 76 jobs and $2,000,000 was used to fund payroll.

J & j electric of indiana inc. is Existing or more than 2 years old

J & J ELECTRIC OF INDIANA INC.

Date Approved

01/21/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

J & J ELECTRIC OF INDIANA INC.

Borrower Address

3180 W State Road 18

Borrower City

Kokomo

Borrower State

IN

Borrower Zip

46901-7669

Loan Status Date

05/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317699

Servicing Lender Name

Community First Bank of Indiana

Servicing Lender Address

201 W Sycamore St

Servicing Lender City

KOKOMO

Servicing Lender State

IN

Servicing Lender Zip

46901-4630

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kokomo

Project County Name

HOWARD

Project State

IN

Project Zip

46901-7669

CD

IN-02

Jobs Reported

76

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

317699

Originating Lender

Community First Bank of Indiana

Originating Lender City

KOKOMO

Originating Lender State

IN

Gender

Unanswered

Veteran

Veteran

Non Profit

Forgiveness Amount

2024438.36

Forgiveness Date

04/22/2022

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