PPP Loan information for J & j laundry service incorporated

$19,502

J & j laundry service incorporated was initially approved for PPP Loan of amount $19,502, the current approved amount is $19,502. The loan was approved on 07/22/2020 by The Mercantile Bank reported 4 jobs and $19,502 was used to fund payroll.

J & j laundry service incorporated is Existing or more than 2 years old

J & J LAUNDRY SERVICE INCORPORATED

Date Approved

07/22/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

J & J LAUNDRY SERVICE INCORPORATED

Borrower Address

1520 WRIGHT AVE PO Box 951

Borrower City

ALMA

Borrower State

MI

Borrower Zip

48801-1020

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

19501.80

Current Approval Amount

19501.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALMA

Project County Name

GRATIOT

Project State

MI

Project Zip

48801-1020

CD

MI-02

Jobs Reported

4

NAICS Code

812310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3138.80

Payroll Proceed

11702.00

Mortgage Interest Proceed

2694.00

Rent Proceed

1967.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

19605.99

Forgiveness Date

02/10/2021

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