PPP Loan information for J.g. restaurants, inc.

$573,745

J.g. restaurants, inc. was initially approved for PPP Loan of amount $573,745, the current approved amount is $573,745. The loan was approved on 04/08/2020 by The VisionBank of Iowa reported 132 jobs and $573,745 was used to fund payroll.

J.g. restaurants, inc. is Existing or more than 2 years old

J.G. RESTAURANTS, INC.

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

J.G. RESTAURANTS, INC.

Borrower Address

8660 Plum Drive

Borrower City

URBANDALE

Borrower State

IA

Borrower Zip

50322-7353

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

573745.00

Current Approval Amount

573745.00

Undisbursed Amount

0.00

Franchise Name

Culver's ButterBurgers & Frozen Custard

Servicing Lender Location Id

25336

Servicing Lender Name

VisionBank of Iowa

Servicing Lender Address

104 Chestnut St

Servicing Lender City

AMES

Servicing Lender State

IA

Servicing Lender Zip

50010-8058

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

URBANDALE

Project County Name

POLK

Project State

IA

Project Zip

50322-7353

CD

IA-03

Jobs Reported

132

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

460000.00

Mortgage Interest Proceed

48745.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

50000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25336

Originating Lender

VisionBank of Iowa

Originating Lender City

AMES

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

577617.78

Forgiveness Date

12/15/2020

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