PPP Loan information for Jerl machine, inc.

$1,359,600

Jerl machine, inc. was initially approved for PPP Loan of amount $1,359,600, the current approved amount is $1,359,600. The loan was approved on 04/13/2020 by The Signature Bank, National Association reported 64 jobs and $1,359,600 was used to fund payroll.

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

PPP Loan Search / OH / PERRYSBURG / Jerl machine, inc.

JERL MACHINE, INC.

Date Approved

04/13/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

JERL MACHINE, INC.

Borrower Address

11140 AVENUE RD

Borrower City

PERRYSBURG

Borrower State

OH

Borrower Zip

43551-2825

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1359600.00

Current Approval Amount

1359600.00

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

64

NAICS Code

332996

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1359600.00

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

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

1373456.75

Forgiveness Date

04/29/2021

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