Date Approved
04/10/2020
SBA Office Code
0736
Processing Method
PPP
Borrower Name
J&L INVESTMENTS INC.
Borrower Address
2016 HOWARD AVE
Borrower City
WATERLOO
Borrower State
IA
Borrower Zip
50702-2726
Loan Status Date
01/14/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
741710.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
McDonalds
Servicing Lender Location Id
25416
Servicing Lender Name
Lincoln Savings Bank
Servicing Lender Address
508 Main Street PO Box E
Servicing Lender City
Reinbeck
Servicing Lender State
Servicing Lender Zip
50669
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BLACK HAWK
Project State
Project Zip
CD
IA-02
Jobs Reported
304
NAICS Code
722513
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
20622.17
Payroll Proceed
556282.50
Mortgage Interest Proceed
Rent Proceed
164805.33
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
746485.39
Forgiveness Date
12/09/2020