PPP Loan information for Jac stores inc

$858,600

Jac stores inc was initially approved for PPP Loan of amount $858,600, the current approved amount is $858,600. The loan was approved on 04/07/2020 by The Live Oak Banking Company reported 88 jobs and $858,600 was used to fund payroll.

Jac stores inc is Existing or more than 2 years old

PPP Loan Search / IL / Decatur / Jac stores inc

JAC STORES INC

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

JAC STORES INC

Borrower Address

2245 W. Mound Rd

Borrower City

Decatur

Borrower State

IL

Borrower Zip

62526

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

858600.00

Current Approval Amount

858600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Decatur

Project County Name

MACON

Project State

IL

Project Zip

62526-0800

CD

IL-13

Jobs Reported

88

NAICS Code

446110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

858600.00

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

Corporation

Originating Lender Location Id

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

868950.25

Forgiveness Date

06/30/2021

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