PPP Loan information for J&m distributing, inc.

$62,500

J&m distributing, inc. was initially approved for PPP Loan of amount $62,500, the current approved amount is $62,500. The loan was approved on 04/09/2020 by The Independence Bank reported 8 jobs and $62,500 was used to fund payroll.

J&m distributing, inc. is Existing or more than 2 years old

J&M DISTRIBUTING, INC.

Date Approved

04/09/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

J&M DISTRIBUTING, INC.

Borrower Address

PO BOX 753

Borrower City

WOLF POINT

Borrower State

MT

Borrower Zip

59201-0753

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

62500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41936

Servicing Lender Name

Independence Bank

Servicing Lender Address

435 3rd St

Servicing Lender City

HAVRE

Servicing Lender State

MT

Servicing Lender Zip

59501-3613

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WOLF POINT

Project County Name

ROOSEVELT

Project State

MT

Project Zip

59201-0753

CD

MT-02

Jobs Reported

8

NAICS Code

424410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

62500.00

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

41936

Originating Lender

Independence Bank

Originating Lender City

HAVRE

Originating Lender State

MT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

63000.00

Forgiveness Date

02/03/2021

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