PPP Loan information for J & m electric, inc

$188,000

J & m electric, inc was initially approved for PPP Loan of amount $188,000, the current approved amount is $188,000. The loan was approved on 04/08/2020 by The Farmers State Bank reported 12 jobs and $188,000 was used to fund payroll.

J & m electric, inc is Existing or more than 2 years old

J & M ELECTRIC, INC

Date Approved

04/08/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

J & M ELECTRIC, INC

Borrower Address

2221 LIVINGSTON AVE

Borrower City

MISSOULA

Borrower State

MT

Borrower Zip

59801-7505

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

188000.00

Current Approval Amount

188000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42012

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

103 Main St

Servicing Lender City

VICTOR

Servicing Lender State

MT

Servicing Lender Zip

59875-9490

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MISSOULA

Project County Name

MISSOULA

Project State

MT

Project Zip

59801-7505

CD

MT-01

Jobs Reported

12

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

188000.00

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

42012

Originating Lender

Farmers State Bank

Originating Lender City

VICTOR

Originating Lender State

MT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

190256.00

Forgiveness Date

06/30/2021

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