PPP Loan information for Jade mountain builders and co inc

$371,300

Jade mountain builders and co inc was initially approved for PPP Loan of amount $371,300, the current approved amount is $371,300. The loan was approved on 04/28/2020 by The First Freedom Bank reported 38 jobs and $371,300 was used to fund payroll.

Jade mountain builders and co inc is Existing or more than 2 years old

JADE MOUNTAIN BUILDERS AND CO INC

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

JADE MOUNTAIN BUILDERS AND CO INC

Borrower Address

85 B AND B STABLES DR

Borrower City

FAIRVIEW

Borrower State

NC

Borrower Zip

28730-9579

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

371300.12

Current Approval Amount

371300.12

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440697

Servicing Lender Name

First Freedom Bank

Servicing Lender Address

1620 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

TN

Servicing Lender Zip

37087-3102

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRVIEW

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28730-9579

CD

NC-11

Jobs Reported

38

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

278475.10

Mortgage Interest Proceed

0.00

Rent Proceed

92825.02

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

440697

Originating Lender

First Freedom Bank

Originating Lender City

LEBANON

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

363558.25

Forgiveness Date

12/10/2020

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