PPP Loan information for Jacobcorp llc

$80,000

Jacobcorp llc was initially approved for PPP Loan of amount $80,000, the current approved amount is $80,000. The loan was approved on 05/01/2020 by The Horizon Bank reported 22 jobs and $80,000 was used to fund payroll.

Jacobcorp llc is Existing or more than 2 years old

JACOBCORP LLC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

JACOBCORP LLC

Borrower Address

511 Pleasant Street

Borrower City

SAINT JOSEPH

Borrower State

MI

Borrower Zip

49085

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80000.00

Current Approval Amount

80000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT JOSEPH

Project County Name

BERRIEN

Project State

MI

Project Zip

49085-0001

CD

MI-06

Jobs Reported

22

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8000.00

Payroll Proceed

64000.00

Mortgage Interest Proceed

8000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

80677.26

Forgiveness Date

03/11/2021

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