PPP Loan information for Jac manufacturing inc.

$385,812

Jac manufacturing inc. was initially approved for PPP Loan of amount $385,812, the current approved amount is $385,812. The loan was approved on 01/19/2021 by The First National Bank of Michigan reported 62 jobs and $385,812 was used to fund payroll.

Jac manufacturing inc. is Existing or more than 2 years old

PPP Loan Search / MI / Dowagiac / Jac manufacturing inc.

JAC MANUFACTURING INC.

Date Approved

01/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

JAC MANUFACTURING INC.

Borrower Address

56525 Woodhouse Dr

Borrower City

Dowagiac

Borrower State

MI

Borrower Zip

49047-7710

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

385812.00

Current Approval Amount

385812.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440800

Servicing Lender Name

First National Bank of Michigan

Servicing Lender Address

348 W Michigan Ave

Servicing Lender City

KALAMAZOO

Servicing Lender State

MI

Servicing Lender Zip

49007-3755

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dowagiac

Project County Name

CASS

Project State

MI

Project Zip

49047-7710

CD

MI-06

Jobs Reported

62

NAICS Code

339999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

385806.00

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

Subchapter S Corporation

Originating Lender Location Id

440800

Originating Lender

First National Bank of Michigan

Originating Lender City

KALAMAZOO

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

388708.23

Forgiveness Date

10/25/2021

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