PPP Loan information for J & j machine, incorporated

$1,308,700

J & j machine, incorporated was initially approved for PPP Loan of amount $1,308,700, the current approved amount is $1,308,700. The loan was approved on 04/08/2020 by The First Bank Elk River reported 102 jobs and $1,308,700 was used to fund payroll.

J & j machine, incorporated is Existing or more than 2 years old

PPP Loan Search / MN / ELK RIVER / J & j machine, incorporated

J & J MACHINE, INCORPORATED

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

J & J MACHINE, INCORPORATED

Borrower Address

12655 INDUSTRIAL BLVD

Borrower City

ELK RIVER

Borrower State

MN

Borrower Zip

55330-2446

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1308700.00

Current Approval Amount

1308700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38033

Servicing Lender Name

First Bank Elk River

Servicing Lender Address

812 Main St NW

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1575

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK RIVER

Project County Name

SHERBURNE

Project State

MN

Project Zip

55330-2446

CD

MN-06

Jobs Reported

102

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1308700.00

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

Corporation

Originating Lender Location Id

38033

Originating Lender

First Bank Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1321314.41

Forgiveness Date

03/31/2021

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