PPP Loan information for Jms electric, inc.

$1,820,700

Jms electric, inc. was initially approved for PPP Loan of amount $1,820,700, the current approved amount is $1,820,700. The loan was approved on 04/08/2020 by The BMO Harris Bank National Association reported 85 jobs and $1,820,700 was used to fund payroll.

Jms electric, inc. is Existing or more than 2 years old

JMS ELECTRIC, INC.

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

JMS ELECTRIC, INC.

Borrower Address

871 E. State Parkway

Borrower City

SCHAUMBURG

Borrower State

IL

Borrower Zip

60173-4528

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1820700.00

Current Approval Amount

1820700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SCHAUMBURG

Project County Name

COOK

Project State

IL

Project Zip

60173-4528

CD

IL-08

Jobs Reported

85

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1820700.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1832422.32

Forgiveness Date

12/09/2020

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