PPP Loan information for J&l building materials inc

$2,432,830

J&l building materials inc was initially approved for PPP Loan of amount $2,694,200, the current approved amount is $2,432,830. The loan was approved on 04/14/2020 by The Truist Bank reported 143 jobs and $2,432,830 was used to fund payroll.

J&l building materials inc is Existing or more than 2 years old

J&L BUILDING MATERIALS INC

Date Approved

04/14/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

J&L BUILDING MATERIALS INC

Borrower Address

600 LANCASTER AVE

Borrower City

MALVERN

Borrower State

PA

Borrower Zip

19355-1810

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2694200.00

Current Approval Amount

2432830.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MALVERN

Project County Name

CHESTER

Project State

PA

Project Zip

19355-1810

CD

PA-06

Jobs Reported

143

NAICS Code

444110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2432830.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2460875.12

Forgiveness Date

06/11/2021

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