PPP Loan information for Jay motors inc

$39,962

Jay motors inc was initially approved for PPP Loan of amount $39,962, the current approved amount is $39,962. The loan was approved on 03/23/2021 by The Franklin Savings Bank reported 9 jobs and $39,962 was used to fund payroll.

Jay motors inc is Existing or more than 2 years old

PPP Loan Search / ME / Jay / Jay motors inc

JAY MOTORS INC

Date Approved

03/23/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

JAY MOTORS INC

Borrower Address

7 Riley Rd

Borrower City

Jay

Borrower State

ME

Borrower Zip

04239-4828

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

39961.72

Current Approval Amount

39961.72

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29665

Servicing Lender Name

Franklin Savings Bank

Servicing Lender Address

197 Main St

Servicing Lender City

FARMINGTON

Servicing Lender State

ME

Servicing Lender Zip

04938-5808

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jay

Project County Name

FRANKLIN

Project State

ME

Project Zip

04239-4828

CD

ME-02

Jobs Reported

9

NAICS Code

237120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

39958.72

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

Corporation

Originating Lender Location Id

29665

Originating Lender

Franklin Savings Bank

Originating Lender City

FARMINGTON

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40168.19

Forgiveness Date

09/28/2021

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