PPP Loan information for Jerl machine inc.

$1,238,157

Jerl machine inc. was initially approved for PPP Loan of amount $1,238,157, the current approved amount is $1,238,157. The loan was approved on 02/04/2021 by The Signature Bank, National Association reported 56 jobs and $1,238,157 was used to fund payroll.

Jerl machine inc. is Existing or more than 2 years old

JERL MACHINE INC.

Date Approved

02/04/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

JERL MACHINE INC.

Borrower Address

11140 Avenue Rd

Borrower City

Perrysburg

Borrower State

OH

Borrower Zip

43551-2825

Loan Status Date

05/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1238156.75

Current Approval Amount

1238156.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

256729

Servicing Lender Name

Signature Bank, National Association

Servicing Lender Address

4607 W Sylvania Ave

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43623-3203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Perrysburg

Project County Name

WOOD

Project State

OH

Project Zip

43551-2825

CD

OH-09

Jobs Reported

56

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1238156.75

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

256729

Originating Lender

Signature Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1252268.34

Forgiveness Date

04/01/2022

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