PPP Loan information for J&l investments inc.

$741,710

J&l investments inc. was initially approved for PPP Loan of amount $741,710, the current approved amount is $741,710. The loan was approved on 04/10/2020 by The Lincoln Savings Bank reported 304 jobs and $741,710 was used to fund payroll.

J&l investments inc. is Existing or more than 2 years old

J&L INVESTMENTS INC.

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

741710.00

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

IA

Servicing Lender Zip

50669

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WATERLOO

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50702-2726

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

0.00

Rent Proceed

164805.33

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25416

Originating Lender

Lincoln Savings Bank

Originating Lender City

Reinbeck

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

746485.39

Forgiveness Date

12/09/2020

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