PPP Loan information for J & m business center inc

$50,000

J & m business center inc was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 06/23/2020 by The Blue Ridge Bank, National Association reported 20 jobs and $50,000 was used to fund payroll.

J & m business center inc is Existing or more than 2 years old

J & M BUSINESS CENTER INC

Date Approved

06/23/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

J & M BUSINESS CENTER INC

Borrower Address

6000 Meadow Brook Mall Ct

Borrower City

Clemmons

Borrower State

NC

Borrower Zip

27012

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clemmons

Project County Name

FORSYTH

Project State

NC

Project Zip

27012-0001

CD

NC-05

Jobs Reported

20

NAICS Code

713990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

37500.00

Mortgage Interest Proceed

0.00

Rent Proceed

12500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50623.61

Forgiveness Date

09/23/2021

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