PPP Loan information for Jafco foods, inc.

$515,000

Jafco foods, inc. was initially approved for PPP Loan of amount $515,000, the current approved amount is $515,000. The loan was approved on 04/07/2020 by The Enterprise Bank and Trust Company reported 28 jobs and $515,000 was used to fund payroll.

Jafco foods, inc. is Existing or more than 2 years old

JAFCO FOODS, INC.

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

JAFCO FOODS, INC.

Borrower Address

100 WILLOW ST Unit 2

Borrower City

NORTH ANDOVER

Borrower State

MA

Borrower Zip

01845-5918

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

515000.00

Current Approval Amount

515000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH ANDOVER

Project County Name

ESSEX

Project State

MA

Project Zip

01845-5918

CD

MA-06

Jobs Reported

28

NAICS Code

424420

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6100.00

Payroll Proceed

471900.00

Mortgage Interest Proceed

0.00

Rent Proceed

18000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

19000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

519048.47

Forgiveness Date

01/26/2021

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