PPP Loan information for Jasper electric motors inc

$558,360

Jasper electric motors inc was initially approved for PPP Loan of amount $558,360, the current approved amount is $558,360. The loan was approved on 04/28/2020 by The Synovus Bank reported 53 jobs and $558,360 was used to fund payroll.

Jasper electric motors inc is Unanswered

JASPER ELECTRIC MOTORS INC

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

JASPER ELECTRIC MOTORS INC

Borrower Address

175 curry highway

Borrower City

JASPER

Borrower State

AL

Borrower Zip

35503-7559

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

558360.00

Current Approval Amount

558360.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

JASPER

Project County Name

WALKER

Project State

AL

Project Zip

35503-7559

CD

AL-04

Jobs Reported

53

NAICS Code

335312

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

558360.00

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

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

563010.45

Forgiveness Date

03/05/2021

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