PPP Loan information for Jinco motors, inc

$20,387

Jinco motors, inc was initially approved for PPP Loan of amount $20,387, the current approved amount is $20,387. The loan was approved on 04/09/2020 by The Central State Bank reported 2 jobs and $20,387 was used to fund payroll.

Jinco motors, inc is Existing or more than 2 years old

JINCO MOTORS, INC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

JINCO MOTORS, INC

Borrower Address

1001 Commerce Blvd

Borrower City

PELHAM

Borrower State

AL

Borrower Zip

35124-1101

Loan Status Date

10/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20387.00

Current Approval Amount

20387.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

1876

Servicing Lender Name

Central State Bank

Servicing Lender Address

11025 Hwy 25

Servicing Lender City

CALERA

Servicing Lender State

AL

Servicing Lender Zip

35040-6812

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PELHAM

Project County Name

SHELBY

Project State

AL

Project Zip

35124-1101

CD

AL-06

Jobs Reported

2

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20387.00

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

1876

Originating Lender

Central State Bank

Originating Lender City

CALERA

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

20483.84

Forgiveness Date

10/08/2020

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