PPP Loan information for J&i power equipment, inc

$426,700

J&i power equipment, inc was initially approved for PPP Loan of amount $495,400, the current approved amount is $426,700. The loan was approved on 04/03/2020 by The Timberland Bank reported 35 jobs and $426,700 was used to fund payroll.

J&i power equipment, inc is Existing or more than 2 years old

J&I POWER EQUIPMENT, INC

Date Approved

04/03/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

J&I POWER EQUIPMENT, INC

Borrower Address

3729 PACIFIC AVE

Borrower City

OLYMPIA

Borrower State

WA

Borrower Zip

98501-2124

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

495400.00

Current Approval Amount

426700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79380

Servicing Lender Name

Timberland Bank

Servicing Lender Address

624 Simpson Ave

Servicing Lender City

HOQUIAM

Servicing Lender State

WA

Servicing Lender Zip

98550-3623

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OLYMPIA

Project County Name

THURSTON

Project State

WA

Project Zip

98501-2124

CD

WA-10

Jobs Reported

35

NAICS Code

532490

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

426700.00

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

79380

Originating Lender

Timberland Bank

Originating Lender City

HOQUIAM

Originating Lender State

WA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

429669.36

Forgiveness Date

12/28/2020

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