PPP Loan information for Jencon builders

$176,000

Jencon builders was initially approved for PPP Loan of amount $176,000, the current approved amount is $176,000. The loan was approved on 04/10/2020 by The TowneBank reported 18 jobs and $176,000 was used to fund payroll.

Jencon builders is Existing or more than 2 years old

JENCON BUILDERS

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

JENCON BUILDERS

Borrower Address

1501 N. Charlotte Ave

Borrower City

MONROE

Borrower State

NC

Borrower Zip

28110-2525

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

176000.00

Current Approval Amount

176000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MONROE

Project County Name

UNION

Project State

NC

Project Zip

28110-2525

CD

NC-08

Jobs Reported

18

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

176000.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

177926.22

Forgiveness Date

05/20/2021

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