PPP Loan information for Jd electric llc

$60,400

Jd electric llc was initially approved for PPP Loan of amount $60,400, the current approved amount is $60,400. The loan was approved on 03/12/2021 by The Cornerstone Bank reported 4 jobs and $60,400 was used to fund payroll.

Jd electric llc is Existing or more than 2 years old

JD ELECTRIC LLC

Date Approved

03/12/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

JD ELECTRIC LLC

Borrower Address

25 Park Pl

Borrower City

Lexington

Borrower State

VA

Borrower Zip

24450-3453

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

60400.00

Current Approval Amount

60400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

462675

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

54 S Main St

Servicing Lender City

LEXINGTON

Servicing Lender State

VA

Servicing Lender Zip

24450-2523

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lexington

Project County Name

ROCKBRIDGE

Project State

VA

Project Zip

24450-3453

CD

VA-06

Jobs Reported

4

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

60398.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

462675

Originating Lender

Cornerstone Bank

Originating Lender City

LEXINGTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60712.76

Forgiveness Date

09/22/2021

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