PPP Loan information for Jawad group management corporation

$295,000

Jawad group management corporation was initially approved for PPP Loan of amount $295,000, the current approved amount is $295,000. The loan was approved on 04/28/2020 by The First State Bank reported 70 jobs and $295,000 was used to fund payroll.

Jawad group management corporation is Existing or more than 2 years old

JAWAD GROUP MANAGEMENT CORPORATION

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

JAWAD GROUP MANAGEMENT CORPORATION

Borrower Address

46820 North Ave

Borrower City

Macomb

Borrower State

MI

Borrower Zip

48042-5256

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

295000.00

Current Approval Amount

295000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34492

Servicing Lender Name

First State Bank

Servicing Lender Address

16100 E Nine Mile Rd

Servicing Lender City

EASTPOINTE

Servicing Lender State

MI

Servicing Lender Zip

48021-2321

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Macomb

Project County Name

MACOMB

Project State

MI

Project Zip

48042-5256

CD

MI-09

Jobs Reported

70

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

295000.00

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

Subchapter S Corporation

Originating Lender Location Id

34492

Originating Lender

First State Bank

Originating Lender City

EASTPOINTE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

298451.10

Forgiveness Date

07/02/2021

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