PPP Loan information for Jensen inc

$327,000

Jensen inc was initially approved for PPP Loan of amount $327,000, the current approved amount is $327,000. The loan was approved on 04/03/2020 by The GNB Bank reported 21 jobs and $327,000 was used to fund payroll.

Jensen inc is Change of Ownership

PPP Loan Search / IA / MARSHALLTOWN / Jensen inc

JENSEN INC

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

JENSEN INC

Borrower Address

2805 S CENTER ST

Borrower City

MARSHALLTOWN

Borrower State

IA

Borrower Zip

50158-4709

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

327000.00

Current Approval Amount

327000.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

25057

Servicing Lender Name

GNB Bank

Servicing Lender Address

529 G Ave

Servicing Lender City

GRUNDY CENTER

Servicing Lender State

IA

Servicing Lender Zip

50638-1651

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Change of Ownership

Project City

MARSHALLTOWN

Project County Name

MARSHALL

Project State

IA

Project Zip

50158-4709

CD

IA-04

Jobs Reported

21

NAICS Code

423110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

245250.00

Mortgage Interest Proceed

0.00

Rent Proceed

81750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25057

Originating Lender

GNB Bank

Originating Lender City

GRUNDY CENTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

329198.17

Forgiveness Date

12/09/2020

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