PPP Loan information for Jack spring electrical contractors, inc

$370,330

Jack spring electrical contractors, inc was initially approved for PPP Loan of amount $370,330, the current approved amount is $370,330. The loan was approved on 04/10/2020 by The Progressive Bank reported 27 jobs and $370,330 was used to fund payroll.

Jack spring electrical contractors, inc is Existing or more than 2 years old

JACK SPRING ELECTRICAL CONTRACTORS, INC

Date Approved

04/10/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

JACK SPRING ELECTRICAL CONTRACTORS, INC

Borrower Address

6307 LINWOOD AVE

Borrower City

SHREVEPORT

Borrower State

LA

Borrower Zip

71106-2615

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

370330.00

Current Approval Amount

370330.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29371

Servicing Lender Name

Progressive Bank

Servicing Lender Address

1411 N 19th St

Servicing Lender City

MONROE

Servicing Lender State

LA

Servicing Lender Zip

71201-4939

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SHREVEPORT

Project County Name

CADDO

Project State

LA

Project Zip

71106-2615

CD

LA-04

Jobs Reported

27

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

370330.00

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

29371

Originating Lender

Progressive Bank

Originating Lender City

MONROE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

373683.54

Forgiveness Date

03/09/2021

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