PPP Loan information for Jkm electric inc.

$512,006

Jkm electric inc. was initially approved for PPP Loan of amount $917,700, the current approved amount is $512,006. The loan was approved on 04/15/2020 by The First National Bank of Pennsylvania reported 32 jobs and $512,006 was used to fund payroll.

Jkm electric inc. is Existing or more than 2 years old

JKM ELECTRIC INC.

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

JKM ELECTRIC INC.

Borrower Address

7851 AIRPARK ROAD SUITE 211

Borrower City

GAITHERSBURG

Borrower State

MD

Borrower Zip

20879-4123

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

917700.00

Current Approval Amount

512006.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GAITHERSBURG

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20879-4123

CD

MD-06

Jobs Reported

32

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

512006.00

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

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

517026.50

Forgiveness Date

04/15/2021

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