PPP Loan information for Jer-den plastics inc

$407,000

Jer-den plastics inc was initially approved for PPP Loan of amount $407,000, the current approved amount is $407,000. The loan was approved on 04/10/2020 by The Union Bank reported 56 jobs and $407,000 was used to fund payroll.

Jer-den plastics inc is Existing or more than 2 years old

JER-DEN PLASTICS INC

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

JER-DEN PLASTICS INC

Borrower Address

750 WOODSIDE DR

Borrower City

SAINT LOUIS

Borrower State

MI

Borrower Zip

48880-1051

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

407000.00

Current Approval Amount

407000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35975

Servicing Lender Name

Union Bank

Servicing Lender Address

933 4th Ave

Servicing Lender City

LAKE ODESSA

Servicing Lender State

MI

Servicing Lender Zip

48849-1020

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT LOUIS

Project County Name

GRATIOT

Project State

MI

Project Zip

48880-1051

CD

MI-04

Jobs Reported

56

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

41000.00

Payroll Proceed

316000.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

35975

Originating Lender

Union Bank

Originating Lender City

LAKE ODESSA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

410482.11

Forgiveness Date

02/19/2021

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