PPP Loan information for Jemco electrical contractors, inc.

$1,214,582

Jemco electrical contractors, inc. was initially approved for PPP Loan of amount $1,214,582, the current approved amount is $1,214,582. The loan was approved on 04/16/2020 by The JPMorgan Chase Bank, National Association reported 141 jobs and $1,214,582 was used to fund payroll.

Jemco electrical contractors, inc. is Existing or more than 2 years old

PPP Loan Search / NY / BROOKLYN / Jemco electrical contractors, inc.

JEMCO ELECTRICAL CONTRACTORS, INC.

Date Approved

04/16/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

JEMCO ELECTRICAL CONTRACTORS, INC.

Borrower Address

271 42ND ST

Borrower City

BROOKLYN

Borrower State

NY

Borrower Zip

11232

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1214582.00

Current Approval Amount

1214582.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BROOKLYN

Project County Name

KINGS

Project State

NY

Project Zip

11232-0001

CD

NY-10

Jobs Reported

141

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8000.00

Payroll Proceed

957782.00

Mortgage Interest Proceed

0.00

Rent Proceed

97500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

151300.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1229956.58

Forgiveness Date

07/27/2021

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