PPP Loan information for J&j motors inc

$57,875

J&j motors inc was initially approved for PPP Loan of amount $57,875, the current approved amount is $57,875. The loan was approved on 02/24/2021 by The Loan Source Incorporated reported 5 jobs and $57,875 was used to fund payroll.

J&j motors inc is Existing or more than 2 years old

J&J MOTORS INC

Date Approved

02/24/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

J&J MOTORS INC

Borrower Address

1111 W Lancaster Ave Rear

Borrower City

Bryn Mawr

Borrower State

PA

Borrower Zip

19010-2724

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

57875.00

Current Approval Amount

57875.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bryn Mawr

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19010-2724

CD

PA-05

Jobs Reported

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

57874.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

58461.68

Forgiveness Date

03/08/2022

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