PPP Loan information for Jay merchant builders, inc.

$143,814

Jay merchant builders, inc. was initially approved for PPP Loan of amount $143,814, the current approved amount is $143,814. The loan was approved on 04/30/2020 by The Alden State Bank reported 19 jobs and $143,814 was used to fund payroll.

Jay merchant builders, inc. is Existing or more than 2 years old

PPP Loan Search / MI / ELK RAPIDS / Jay merchant builders, inc.

JAY MERCHANT BUILDERS, INC.

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

JAY MERCHANT BUILDERS, INC.

Borrower Address

8692 CAIRN HWY

Borrower City

ELK RAPIDS

Borrower State

MI

Borrower Zip

49629-9773

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

143813.97

Current Approval Amount

143813.97

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33523

Servicing Lender Name

Alden State Bank

Servicing Lender Address

10564 Coy St

Servicing Lender City

ALDEN

Servicing Lender State

MI

Servicing Lender Zip

49612

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK RAPIDS

Project County Name

ANTRIM

Project State

MI

Project Zip

49629-9773

CD

MI-01

Jobs Reported

19

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

143813.97

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

33523

Originating Lender

Alden State Bank

Originating Lender City

ALDEN

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

144664.87

Forgiveness Date

12/04/2020

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