PPP Loan information for Jc electric, inc.

$180,400

Jc electric, inc. was initially approved for PPP Loan of amount $180,400, the current approved amount is $180,400. The loan was approved on 04/10/2020 by The United Community Bank reported 11 jobs and $180,400 was used to fund payroll.

Jc electric, inc. is Existing or more than 2 years old

PPP Loan Search / MN / PERHAM / Jc electric, inc.

JC ELECTRIC, INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

JC ELECTRIC, INC.

Borrower Address

615 Pinewood Lane

Borrower City

PERHAM

Borrower State

MN

Borrower Zip

56573-0206

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

180400.00

Current Approval Amount

180400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38738

Servicing Lender Name

United Community Bank

Servicing Lender Address

301 W Main St

Servicing Lender City

PERHAM

Servicing Lender State

MN

Servicing Lender Zip

56573-1455

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PERHAM

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56573-0206

CD

MN-07

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

180400.00

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

38738

Originating Lender

United Community Bank

Originating Lender City

PERHAM

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

171357.04

Forgiveness Date

11/09/2020

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