PPP Loan information for J m electric services llc

$155,000

J m electric services llc was initially approved for PPP Loan of amount $155,000, the current approved amount is $155,000. The loan was approved on 04/05/2020 by The First Secure Community Bank reported 11 jobs and $155,000 was used to fund payroll.

J m electric services llc is Existing or more than 2 years old

J M ELECTRIC SERVICES LLC

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

J M ELECTRIC SERVICES LLC

Borrower Address

1026 Moen Avenue

Borrower City

JOLIET

Borrower State

IL

Borrower Zip

60436

Loan Status Date

Loan Status

Exemption 4

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

155000.00

Current Approval Amount

155000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124397

Servicing Lender Name

First Secure Community Bank

Servicing Lender Address

670 N Sugar Grove Pkwy Rte 47

Servicing Lender City

Sugar Grove

Servicing Lender State

IL

Servicing Lender Zip

60554

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JOLIET

Project County Name

WILL

Project State

IL

Project Zip

60436-1000

CD

IL-14

Jobs Reported

11

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

125000.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

15000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

124397

Originating Lender

First Secure Community Bank

Originating Lender City

Sugar Grove

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

154532.74

Forgiveness Date

03/10/2021

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