PPP Loan information for Jay trucks and associates, pc

$270,270

Jay trucks and associates, pc was initially approved for PPP Loan of amount $270,270, the current approved amount is $270,270. The loan was approved on 04/08/2020 by The Mercantile Bank reported 20 jobs and $270,270 was used to fund payroll.

Jay trucks and associates, pc is Existing or more than 2 years old

PPP Loan Search / MI / CLARE / Jay trucks and associates, pc

JAY TRUCKS AND ASSOCIATES, PC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

JAY TRUCKS AND ASSOCIATES, PC

Borrower Address

600 PINE ST

Borrower City

CLARE

Borrower State

MI

Borrower Zip

48617-1536

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

270269.75

Current Approval Amount

270269.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLARE

Project County Name

CLARE

Project State

MI

Project Zip

48617-1536

CD

MI-02

Jobs Reported

20

NAICS Code

541110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1500.00

Payroll Proceed

238580.00

Mortgage Interest Proceed

0.00

Rent Proceed

8589.75

Refinance EIDL Proceed

0.00

Health Care Proceed

21600.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

271743.28

Forgiveness Date

11/03/2020

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