PPP Loan information for Jac manufacturing, inc.

$385,800

Jac manufacturing, inc. was initially approved for PPP Loan of amount $385,800, the current approved amount is $385,800. The loan was approved on 04/05/2020 by The First National Bank of Michigan reported 62 jobs and $385,800 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

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

JAC MANUFACTURING, INC.

Borrower Address

56525 WOODHOUSE DR

Borrower City

DOWAGIAC

Borrower State

MI

Borrower Zip

49047-7710

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

385800.00

Current Approval Amount

385800.00

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

314910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

385800.00

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

388009.10

Forgiveness Date

11/05/2020

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