PPP Loan information for Jay madi inc

$66,400

Jay madi inc was initially approved for PPP Loan of amount $66,400, the current approved amount is $66,400. The loan was approved on 02/08/2021 by The First Central State Bank reported 18 jobs and $66,400 was used to fund payroll.

Jay madi inc is Existing or more than 2 years old

PPP Loan Search / IA / Grinnell / Jay madi inc

JAY MADI INC

Date Approved

02/08/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

JAY MADI INC

Borrower Address

2210 West St S

Borrower City

Grinnell

Borrower State

IA

Borrower Zip

50112-8108

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

66400.00

Current Approval Amount

66400.00

Undisbursed Amount

0.00

Franchise Name

Best Western - Membership Agreement

Servicing Lender Location Id

24910

Servicing Lender Name

First Central State Bank

Servicing Lender Address

914 6th Ave

Servicing Lender City

DE WITT

Servicing Lender State

IA

Servicing Lender Zip

52742-1331

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grinnell

Project County Name

POWESHIEK

Project State

IA

Project Zip

50112-8108

CD

IA-02

Jobs Reported

18

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

66398.00

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

24910

Originating Lender

First Central State Bank

Originating Lender City

DE WITT

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

66709.26

Forgiveness Date

08/06/2021

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