PPP Loan information for Jb cutting inc

$399,885

Jb cutting inc was initially approved for PPP Loan of amount $399,885, the current approved amount is $399,885. The loan was approved on 04/13/2020 by The The Huntington National Bank reported 37 jobs and $399,885 was used to fund payroll.

Jb cutting inc is Existing or more than 2 years old

JB CUTTING INC

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

JB CUTTING INC

Borrower Address

171 Grand Avenue

Borrower City

MOUNT CLEMENS

Borrower State

MI

Borrower Zip

48043-5413

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

399885.00

Current Approval Amount

399885.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT CLEMENS

Project County Name

MACOMB

Project State

MI

Project Zip

48043-5413

CD

MI-10

Jobs Reported

37

NAICS Code

321213

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

399885.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

403239.38

Forgiveness Date

03/02/2021

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