PPP Loan information for J&m powers inc

$375,200

J&m powers inc was initially approved for PPP Loan of amount $375,200, the current approved amount is $375,200. The loan was approved on 04/08/2020 by The Peoples Bank reported 74 jobs and $375,200 was used to fund payroll.

J&m powers inc is Existing or more than 2 years old

PPP Loan Search / OH / CLEVELAND / J&m powers inc

J&M POWERS INC

Date Approved

04/08/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

J&M POWERS INC

Borrower Address

6189 MAYFIELD RD

Borrower City

CLEVELAND

Borrower State

OH

Borrower Zip

44124-3220

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

375200.00

Current Approval Amount

375200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLEVELAND

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44124-3220

CD

OH-11

Jobs Reported

74

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

281434.00

Mortgage Interest Proceed

0.00

Rent Proceed

93766.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

377878.51

Forgiveness Date

01/08/2021

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