PPP Loan information for Jax automotive, llc

$240,100

Jax automotive, llc was initially approved for PPP Loan of amount $240,100, the current approved amount is $240,100. The loan was approved on 04/15/2020 by The Prevail Bank reported 17 jobs and $240,100 was used to fund payroll.

Jax automotive, llc is New Business or 2 years or less

JAX AUTOMOTIVE, LLC

Date Approved

04/15/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

JAX AUTOMOTIVE, LLC

Borrower Address

3750 North Harrison Street

Borrower City

DAVENPORT

Borrower State

IA

Borrower Zip

52806

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

240100.00

Current Approval Amount

240100.00

Undisbursed Amount

0.00

Franchise Name

Nissan North America, Inc. - Dealer Sales and Service Agreement

Servicing Lender Location Id

81561

Servicing Lender Name

Prevail Bank

Servicing Lender Address

675 E Broadway Ave

Servicing Lender City

MEDFORD

Servicing Lender State

WI

Servicing Lender Zip

54451-1526

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

DAVENPORT

Project County Name

SCOTT

Project State

IA

Project Zip

52806-0002

CD

IA-01

Jobs Reported

17

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

240100.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

81561

Originating Lender

Prevail Bank

Originating Lender City

MEDFORD

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

243201.29

Forgiveness Date

08/03/2021

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