PPP Loan information for Jm equipment inc

$121,412

Jm equipment inc was initially approved for PPP Loan of amount $121,412, the current approved amount is $121,412. The loan was approved on 01/21/2021 by The Sturgis Bank & Trust Company reported 14 jobs and $121,412 was used to fund payroll.

Jm equipment inc is Existing or more than 2 years old

PPP Loan Search / MI / Sturgis / Jm equipment inc

JM EQUIPMENT INC

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

JM EQUIPMENT INC

Borrower Address

405 1/2 W Congress St

Borrower City

Sturgis

Borrower State

MI

Borrower Zip

49091

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

121412.00

Current Approval Amount

121412.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79717

Servicing Lender Name

Sturgis Bank & Trust Company

Servicing Lender Address

113-125 E Chicago Rd

Servicing Lender City

STURGIS

Servicing Lender State

MI

Servicing Lender Zip

49091-1754

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sturgis

Project County Name

SAINT JOSEPH

Project State

MI

Project Zip

49091

CD

MI-06

Jobs Reported

14

NAICS Code

333243

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

121410.00

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

79717

Originating Lender

Sturgis Bank & Trust Company

Originating Lender City

STURGIS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

121960.85

Forgiveness Date

07/12/2021

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