PPP Loan information for Jit powder coating company

$552,495

Jit powder coating company was initially approved for PPP Loan of amount $552,495, the current approved amount is $552,495. The loan was approved on 01/16/2021 by The Deerwood Bank reported 59 jobs and $552,495 was used to fund payroll.

Jit powder coating company is Existing or more than 2 years old

PPP Loan Search / MN / Farmington / Jit powder coating company

JIT POWDER COATING COMPANY

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

JIT POWDER COATING COMPANY

Borrower Address

21020 Eaton Ave

Borrower City

Farmington

Borrower State

MN

Borrower Zip

55024-8912

Loan Status Date

08/03/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

552495.00

Current Approval Amount

552495.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Farmington

Project County Name

DAKOTA

Project State

MN

Project Zip

55024-8912

CD

MN-02

Jobs Reported

59

NAICS Code

332812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

552492.00

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

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

554720.33

Forgiveness Date

06/15/2021

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