PPP Loan information for J & l tools inc

$10,800

J & l tools inc was initially approved for PPP Loan of amount $10,800, the current approved amount is $10,800. The loan was approved on 03/25/2021 by The First Bank reported 1 jobs and $10,800 was used to fund payroll.

J & l tools inc is Existing or more than 2 years old

PPP Loan Search / VA / Strasburg / J & l tools inc

J & L TOOLS INC

Date Approved

03/25/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

J & L TOOLS INC

Borrower Address

388 Sunset St

Borrower City

Strasburg

Borrower State

VA

Borrower Zip

22657-1911

Loan Status Date

06/30/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

10800.00

Current Approval Amount

10800.00

Undisbursed Amount

0.00

Franchise Name

Snap-on

Servicing Lender Location Id

73903

Servicing Lender Name

First Bank

Servicing Lender Address

112 W King St

Servicing Lender City

STRASBURG

Servicing Lender State

VA

Servicing Lender Zip

22657-2220

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Strasburg

Project County Name

SHENANDOAH

Project State

VA

Project Zip

22657-1911

CD

VA-06

Jobs Reported

1

NAICS Code

454390

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

10796.00

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

73903

Originating Lender

First Bank

Originating Lender City

STRASBURG

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

10925.70

Forgiveness Date

05/24/2022

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