PPP Loan information for Jmac ventures

$200,000

Jmac ventures was initially approved for PPP Loan of amount $200,000, the current approved amount is $200,000. The loan was approved on 04/23/2021 by The Readycap Lending, LLC reported 35 jobs and $200,000 was used to fund payroll.

Jmac ventures is Existing or more than 2 years old

JMAC VENTURES

Date Approved

04/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

JMAC VENTURES

Borrower Address

14790 Kellogg School Rd

Borrower City

Hickory Corners

Borrower State

MI

Borrower Zip

49060-9738

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

200000.00

Current Approval Amount

200000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hickory Corners

Project County Name

BARRY

Project State

MI

Project Zip

49060-9738

CD

MI-03

Jobs Reported

35

NAICS Code

561730

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

199999.00

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

Corporation

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

201013.70

Forgiveness Date

11/01/2021

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