PPP Loan information for Jacob motors inc

$333,333

Jacob motors inc was initially approved for PPP Loan of amount $333,333, the current approved amount is $333,333. The loan was approved on 07/28/2020 by The Wells Fargo Bank, National Association reported 16 jobs and $333,333 was used to fund payroll.

Jacob motors inc is Existing or more than 2 years old

JACOB MOTORS INC

Date Approved

07/28/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

JACOB MOTORS INC

Borrower Address

4772 ATLANTA HIGHWAY

Borrower City

FLOWERY BRANCH

Borrower State

GA

Borrower Zip

30542-3323

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

333333.00

Current Approval Amount

333333.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLOWERY BRANCH

Project County Name

HALL

Project State

GA

Project Zip

30542-3323

CD

GA-09

Jobs Reported

16

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

333333.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

336474.55

Forgiveness Date

07/09/2021

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