PPP Loan information for Jerhen industries inc.

$287,980

Jerhen industries inc. was initially approved for PPP Loan of amount $287,980, the current approved amount is $287,980. The loan was approved on 01/21/2021 by The Blackhawk Bank reported 30 jobs and $287,980 was used to fund payroll.

Jerhen industries inc. is Existing or more than 2 years old

PPP Loan Search / IL / Rockford / Jerhen industries inc.

JERHEN INDUSTRIES INC.

Date Approved

01/21/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

JERHEN INDUSTRIES INC.

Borrower Address

5196 27th Ave

Borrower City

Rockford

Borrower State

IL

Borrower Zip

61109-1713

Loan Status Date

11/27/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

287980.00

Current Approval Amount

287980.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117081

Servicing Lender Name

Blackhawk Bank

Servicing Lender Address

400 Broad St

Servicing Lender City

BELOIT

Servicing Lender State

WI

Servicing Lender Zip

53511-6223

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rockford

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61109-1713

CD

IL-17

Jobs Reported

30

NAICS Code

333517

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

287974.00

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

Corporation

Originating Lender Location Id

117081

Originating Lender

Blackhawk Bank

Originating Lender City

BELOIT

Originating Lender State

WI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

289979.86

Forgiveness Date

10/06/2021

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