PPP Loan information for Jer-elm trucking inc

$55,900

Jer-elm trucking inc was initially approved for PPP Loan of amount $55,900, the current approved amount is $55,900. The loan was approved on 05/01/2020 by The 1st Source Bank reported 6 jobs and $55,900 was used to fund payroll.

Jer-elm trucking inc is Existing or more than 2 years old

JER-ELM TRUCKING INC

Date Approved

05/01/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

JER-ELM TRUCKING INC

Borrower Address

3038 N 700 E

Borrower City

Rolling Prairie

Borrower State

IN

Borrower Zip

46371

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55900.00

Current Approval Amount

55900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rolling Prairie

Project County Name

LA PORTE

Project State

IN

Project Zip

46371-0001

CD

IN-02

Jobs Reported

6

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55900.00

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

Subchapter S Corporation

Originating Lender Location Id

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52233.03

Forgiveness Date

12/28/2020

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