PPP Loan information for J.a.m. industries inc

$1,520,032

J.a.m. industries inc was initially approved for PPP Loan of amount $1,520,032, the current approved amount is $1,520,032. The loan was approved on 03/17/2021 by The City National Bank reported 194 jobs and $1,520,032 was used to fund payroll.

J.a.m. industries inc is Existing or more than 2 years old

J.A.M. INDUSTRIES INC

Date Approved

03/17/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

J.A.M. INDUSTRIES INC

Borrower Address

13605 Cimarron Ave

Borrower City

Gardena

Borrower State

CA

Borrower Zip

90249-2499

Loan Status Date

03/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1520032.00

Current Approval Amount

1520032.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gardena

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90249-2499

CD

CA-43

Jobs Reported

194

NAICS Code

541990

Race

Black or African American

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1520030.00

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

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1537314.56

Forgiveness Date

05/09/2022

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