PPP Loan information for Jet electric motor co. inc.

$55,812

Jet electric motor co. inc. was initially approved for PPP Loan of amount $55,812, the current approved amount is $55,812. The loan was approved on 02/13/2021 by The Coastal1 Credit Union reported 6 jobs and $55,812 was used to fund payroll.

Jet electric motor co. inc. is Existing or more than 2 years old

JET ELECTRIC MOTOR CO. INC.

Date Approved

02/13/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

JET ELECTRIC MOTOR CO. INC.

Borrower Address

688 School St

Borrower City

Pawtucket

Borrower State

RI

Borrower Zip

02860-5711

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55812.00

Current Approval Amount

55812.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

104790

Servicing Lender Name

Coastal1 Credit Union

Servicing Lender Address

1200 Central Ave

Servicing Lender City

PAWTUCKET

Servicing Lender State

RI

Servicing Lender Zip

02861-2200

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Pawtucket

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02860-5711

CD

RI-01

Jobs Reported

6

NAICS Code

454390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

55809.00

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

104790

Originating Lender

Coastal1 Credit Union

Originating Lender City

PAWTUCKET

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56311.21

Forgiveness Date

01/21/2022

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