PPP Loan information for Jmk nippon corporation

$524,378

Jmk nippon corporation was initially approved for PPP Loan of amount $524,378, the current approved amount is $524,378. The loan was approved on 02/09/2021 by The Midland States Bank reported 81 jobs and $524,378 was used to fund payroll.

Jmk nippon corporation is Existing or more than 2 years old

JMK NIPPON CORPORATION

Date Approved

02/09/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

JMK NIPPON CORPORATION

Borrower Address

2551 N Perryville Rd

Borrower City

Rockford

Borrower State

IL

Borrower Zip

61107-6800

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

524378.15

Current Approval Amount

524378.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21299

Servicing Lender Name

Midland States Bank

Servicing Lender Address

110 S. 5th St

Servicing Lender City

EFFINGHAM

Servicing Lender State

IL

Servicing Lender Zip

62401-2453

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockford

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61107-6800

CD

IL-16

Jobs Reported

81

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

524373.15

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

21299

Originating Lender

Midland States Bank

Originating Lender City

EFFINGHAM

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

530584.49

Forgiveness Date

04/21/2022

;