PPP Loan information for Ja-co foods inc

$821,561

Ja-co foods inc was initially approved for PPP Loan of amount $792,000, the current approved amount is $821,561. The loan was approved on 04/07/2020 by The The Bank of Vernon reported 249 jobs and $821,561 was used to fund payroll.

Ja-co foods inc is Existing or more than 2 years old

PPP Loan Search / MS / COLUMBUS / Ja-co foods inc

JA-CO FOODS INC

Date Approved

04/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

JA-CO FOODS INC

Borrower Address

111 MAXWELL LANE

Borrower City

COLUMBUS

Borrower State

MS

Borrower Zip

39702-5243

Loan Status Date

08/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

791999.70

Current Approval Amount

821561.00

Undisbursed Amount

0.00

Franchise Name

Sonic

Servicing Lender Location Id

3334

Servicing Lender Name

The Bank of Vernon

Servicing Lender Address

44825 Hwy 17

Servicing Lender City

VERNON

Servicing Lender State

AL

Servicing Lender Zip

35592-5647

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLUMBUS

Project County Name

LOWNDES

Project State

MS

Project Zip

39702-5243

CD

MS-01

Jobs Reported

249

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

45000.00

Payroll Proceed

731561.00

Mortgage Interest Proceed

45000.00

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

3334

Originating Lender

The Bank of Vernon

Originating Lender City

VERNON

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

832104.37

Forgiveness Date

07/26/2021

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