PPP Loan information for J & l tool and machine, inc.

$224,000

J & l tool and machine, inc. was initially approved for PPP Loan of amount $224,000, the current approved amount is $224,000. The loan was approved on 04/07/2020 by The First Bank Richmond reported 16 jobs and $224,000 was used to fund payroll.

J & l tool and machine, inc. is Existing or more than 2 years old

PPP Loan Search / IN / SHELBYVILLE / J & l tool and machine, inc.

J & L TOOL AND MACHINE, INC.

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

J & L TOOL AND MACHINE, INC.

Borrower Address

1441 MILLER AVE

Borrower City

SHELBYVILLE

Borrower State

IN

Borrower Zip

46176-3134

Loan Status Date

01/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

224000.00

Current Approval Amount

224000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79589

Servicing Lender Name

First Bank Richmond

Servicing Lender Address

20 N 9th St

Servicing Lender City

RICHMOND

Servicing Lender State

IN

Servicing Lender Zip

47374-3170

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHELBYVILLE

Project County Name

SHELBY

Project State

IN

Project Zip

46176-3134

CD

IN-06

Jobs Reported

16

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

224000.00

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

79589

Originating Lender

First Bank Richmond

Originating Lender City

RICHMOND

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

225687.67

Forgiveness Date

01/14/2021

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