PPP Loan information for Jakes electric llc

$1,200,498

Jakes electric llc was initially approved for PPP Loan of amount $1,200,498, the current approved amount is $1,200,498. The loan was approved on 01/21/2021 by The Johnson Bank reported 68 jobs and $1,200,498 was used to fund payroll.

Jakes electric llc is Existing or more than 2 years old

PPP Loan Search / WI / Clinton / Jakes electric llc

JAKES ELECTRIC LLC

Date Approved

01/21/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

JAKES ELECTRIC LLC

Borrower Address

215 Front St

Borrower City

Clinton

Borrower State

WI

Borrower Zip

53525-9709

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1200497.50

Current Approval Amount

1200497.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clinton

Project County Name

ROCK

Project State

WI

Project Zip

53525-9709

CD

WI-01

Jobs Reported

68

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1200495.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1205825.74

Forgiveness Date

07/07/2021

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