PPP Loan information for J & r tool, inc.

$94,700

J & r tool, inc. was initially approved for PPP Loan of amount $94,700, the current approved amount is $94,700. The loan was approved on 04/03/2020 by The 1st State Bank reported 6 jobs and $94,700 was used to fund payroll.

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

J & R TOOL, INC.

Date Approved

04/03/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

J & R TOOL, INC.

Borrower Address

4575 GARFIELD RD

Borrower City

AUBURN

Borrower State

MI

Borrower Zip

48611-9504

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

94700.00

Current Approval Amount

94700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AUBURN

Project County Name

BAY

Project State

MI

Project Zip

48611-9504

CD

MI-08

Jobs Reported

6

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2500.00

Payroll Proceed

75300.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10400.00

Debt Interest Proceed

1500

Business Type

Corporation

Originating Lender Location Id

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

95447.08

Forgiveness Date

01/25/2021

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