PPP Loan information for Jmo incorporated

$117,100

Jmo incorporated was initially approved for PPP Loan of amount $117,100, the current approved amount is $117,100. The loan was approved on 04/28/2020 by The TowneBank reported 16 jobs and $117,100 was used to fund payroll.

Jmo incorporated is Existing or more than 2 years old

PPP Loan Search / VA / CHESAPEAKE / Jmo incorporated

JMO INCORPORATED

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

JMO INCORPORATED

Borrower Address

1300 Priority Lane

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23324

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

117100.00

Current Approval Amount

117100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23324-0001

CD

VA-03

Jobs Reported

16

NAICS Code

999990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

117100.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

118049.81

Forgiveness Date

02/17/2021

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