PPP Loan information for Ja-mel inc

$51,872

Ja-mel inc was initially approved for PPP Loan of amount $51,872, the current approved amount is $51,872. The loan was approved on 05/18/2021 by The Martha's Vineyard Bank reported 6 jobs and $51,872 was used to fund payroll.

Ja-mel inc is Existing or more than 2 years old

JA-MEL INC

Date Approved

05/18/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

JA-MEL INC

Borrower Address

24 Circuit Avenue

Borrower City

Oak Bluffs

Borrower State

MA

Borrower Zip

02557

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

51871.65

Current Approval Amount

51871.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32770

Servicing Lender Name

Martha's Vineyard Bank

Servicing Lender Address

78 Main St

Servicing Lender City

EDGARTOWN

Servicing Lender State

MA

Servicing Lender Zip

02539

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Oak Bluffs

Project County Name

DUKES

Project State

MA

Project Zip

02557

CD

MA-09

Jobs Reported

6

NAICS Code

453998

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

51866.65

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

32770

Originating Lender

Martha's Vineyard Bank

Originating Lender City

EDGARTOWN

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52138.82

Forgiveness Date

11/26/2021

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