PPP Loan information for Jerico construction inc

$137,500

Jerico construction inc was initially approved for PPP Loan of amount $137,500, the current approved amount is $137,500. The loan was approved on 04/15/2020 by The Commercial Bank reported 9 jobs and $137,500 was used to fund payroll.

Jerico construction inc is Existing or more than 2 years old

JERICO CONSTRUCTION INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

JERICO CONSTRUCTION INC

Borrower Address

595 DART RD

Borrower City

MASON

Borrower State

MI

Borrower Zip

48854-9327

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

137500.00

Current Approval Amount

137500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MASON

Project County Name

INGHAM

Project State

MI

Project Zip

48854-9327

CD

MI-07

Jobs Reported

9

NAICS Code

236210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

126000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11500.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

139021.92

Forgiveness Date

06/03/2021

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