PPP Loan information for Jay davis trucking inc.

$48,400

Jay davis trucking inc. was initially approved for PPP Loan of amount $48,400, the current approved amount is $48,400. The loan was approved on 04/08/2020 by The Magnifi Financial CU reported 8 jobs and $48,400 was used to fund payroll.

Jay davis trucking inc. is Existing or more than 2 years old

PPP Loan Search / MN / NEW YORK MILLS / Jay davis trucking inc.

JAY DAVIS TRUCKING INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

JAY DAVIS TRUCKING INC.

Borrower Address

54774 COUNTY HIGHWAY 58

Borrower City

NEW YORK MILLS

Borrower State

MN

Borrower Zip

56567-9351

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48400.00

Current Approval Amount

48400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW YORK MILLS

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56567-9351

CD

MN-07

Jobs Reported

8

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1300.00

Payroll Proceed

43000.00

Mortgage Interest Proceed

1500.00

Rent Proceed

2600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40647.93

Forgiveness Date

11/25/2020

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