PPP Loan information for Jm reid group inc

$134,100

Jm reid group inc was initially approved for PPP Loan of amount $289,400, the current approved amount is $134,100. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 6 jobs and $134,100 was used to fund payroll.

Jm reid group inc is Existing or more than 2 years old

JM REID GROUP INC

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

JM REID GROUP INC

Borrower Address

2332 SIMPSON AVE

Borrower City

OCEAN CITY

Borrower State

NJ

Borrower Zip

08226-2567

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

289400.00

Current Approval Amount

134100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OCEAN CITY

Project County Name

CAPE MAY

Project State

NJ

Project Zip

08226-2567

CD

NJ-02

Jobs Reported

6

NAICS Code

541612

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

134100.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

135452.17

Forgiveness Date

04/28/2021

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