PPP Loan information for J & r electric, inc

$76,000

J & r electric, inc was initially approved for PPP Loan of amount $76,000, the current approved amount is $76,000. The loan was approved on 04/05/2020 by The FM Bank reported 10 jobs and $76,000 was used to fund payroll.

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

J & R ELECTRIC, INC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

J & R ELECTRIC, INC

Borrower Address

105 Main Street North PO Box 297

Borrower City

RENVILLE

Borrower State

MN

Borrower Zip

56284-1825

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

76000.00

Current Approval Amount

76000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38192

Servicing Lender Name

FM Bank

Servicing Lender Address

702 Prentice St

Servicing Lender City

GRANITE FALLS

Servicing Lender State

MN

Servicing Lender Zip

56241-1541

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RENVILLE

Project County Name

RENVILLE

Project State

MN

Project Zip

56284-1825

CD

MN-07

Jobs Reported

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

76000.00

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

38192

Originating Lender

FM Bank

Originating Lender City

GRANITE FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

76537.21

Forgiveness Date

12/30/2020

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