PPP Loan information for Jm wood auction co., inc.

$355,270

Jm wood auction co., inc. was initially approved for PPP Loan of amount $355,270, the current approved amount is $355,270. The loan was approved on 04/08/2020 by The Valley National Bank reported 29 jobs and $355,270 was used to fund payroll.

Jm wood auction co., inc. is Existing or more than 2 years old

PPP Loan Search / AL / MONTGOMERY / Jm wood auction co., inc.

JM WOOD AUCTION CO., INC.

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

JM WOOD AUCTION CO., INC.

Borrower Address

3475 ASHLEY RD

Borrower City

MONTGOMERY

Borrower State

AL

Borrower Zip

36108-3709

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

355270.00

Current Approval Amount

355270.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MONTGOMERY

Project County Name

MONTGOMERY

Project State

AL

Project Zip

36108-3709

CD

AL-07

Jobs Reported

29

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

355270.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

358388.48

Forgiveness Date

03/01/2021

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