PPP Loan information for Jb railroad contracting inc

$209,000

Jb railroad contracting inc was initially approved for PPP Loan of amount $209,000, the current approved amount is $209,000. The loan was approved on 04/09/2020 by The Cornerstone Bank reported 20 jobs and $209,000 was used to fund payroll.

Jb railroad contracting inc is Existing or more than 2 years old

JB RAILROAD CONTRACTING INC

Date Approved

04/09/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

JB RAILROAD CONTRACTING INC

Borrower Address

246 14th St West

Borrower City

WEST FARGO

Borrower State

ND

Borrower Zip

58078-8443

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

209000.00

Current Approval Amount

209000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52722

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

2280 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8785

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST FARGO

Project County Name

CASS

Project State

ND

Project Zip

58078-8443

CD

ND-

Jobs Reported

20

NAICS Code

336510

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

196000.00

Mortgage Interest Proceed

13000.00

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

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

210439.78

Forgiveness Date

12/22/2020

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