PPP Loan information for Jelectric llc

$203,369

Jelectric llc was initially approved for PPP Loan of amount $203,369, the current approved amount is $203,369. The loan was approved on 01/23/2021 by The American State Bank reported 15 jobs and $203,369 was used to fund payroll.

Jelectric llc is Existing or more than 2 years old

JELECTRIC LLC

Date Approved

01/23/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

JELECTRIC LLC

Borrower Address

611 Brown St

Borrower City

Hull

Borrower State

IA

Borrower Zip

51239

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

203368.77

Current Approval Amount

203368.77

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25469

Servicing Lender Name

American State Bank

Servicing Lender Address

525 N Main Ave

Servicing Lender City

SIOUX CENTER

Servicing Lender State

IA

Servicing Lender Zip

51250-1823

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hull

Project County Name

SIOUX

Project State

IA

Project Zip

51239

CD

IA-04

Jobs Reported

15

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

203366.77

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

25469

Originating Lender

American State Bank

Originating Lender City

SIOUX CENTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

204828.57

Forgiveness Date

10/25/2021

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